Toro Corp. Acquires Two MR Tanker Vessels for Global Energy Transportation
News related to:Toro Corp · 1 min read
LIMASSOL, Cyprus, Sept. 18, 2026 /CourierPR/ -- Toro Corp., a global energy transportation services provider, has expanded its fleet with the acquisition of two MR tanker vessels. The company, through its wholly-owned subsidiaries, entered into agreements to purchase these vessels from unaffiliated third parties. On September 17, 2026, Toro Corp. acquired the M/T Wonder Alasia, a 2018 Japanese-built MR tanker vessel, for a purchase price of $45.9 million. The vessel was delivered to the company on the same day. Furthermore, on September 18, 2026, Toro Corp. acquired a 2014 Korean-built scrubber-fitted MR tanker vessel for a purchase price of $37.5 million. This vessel was also delivered to the company on the same day. The acquired vessel is expected to be renamed M/T Wonder Atria.
Toro Corp. operates a modern fleet of oceangoing vessels, currently comprising four MR tanker vessels and two LPG carriers. The company's common shares trade on the Nasdaq Capital Market under the symbol "TORO." The acquisitions were funded with cash on hand, and the transactions were completed without any additional financing.
The M/T Wonder Alasia, a 2018 Japanese-built MR tanker vessel, was acquired for a purchase price of $45.9 million and took delivery on September 17, 2026. The Company also acquired a 2014 Korean-built scrubber-fitted MR tanker vessel for a purchase price of $37.5 million and took delivery on September 18, 2026. The vessel is expected to be renamed M/T Wonder Atria.
For more detailed information, interested parties can refer to the company's Annual Report on Form 20-F for the year ended December 31, 2025, and its other filings with the SEC, available on the SEC’s website at www.sec.gov.
These acquisitions are part of Toro Corp.'s ongoing efforts to strengthen its position in the global energy transportation market. The company's modern fleet now includes the newly acquired vessels, which will contribute to its ability to transport refined petroleum products and petrochemical gases worldwide.