tiprankstipranks
The Fly

Toro Corp. announces completion of sale of M/T Wonder Sirius

Toro Corp. announces completion of sale of M/T Wonder Sirius

Toro announces that on January 24, 2024, it completed the previously announced sale of the M/T Wonder Sirius, a 2005-built Aframax/LR2 tanker, for a price of $33.8 million, by delivering the vessel to its new owner. The Company expects to record a net gain of approximately $20.9 million from the above-mentioned sale, excluding any transaction-related costs during the first quarter of 2024.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on TORO:

Questions or Comments about the article? Write to editor@tipranks.com