Toro Corp. acquires two MR tanker vessels for $83.4 million

Toro Corp. (NASDAQ: TORO) announced the acquisition of two medium range (MR) tanker vessels through separate wholly-owned subsidiaries, funded entirely with cash on hand, according to a press release.

The company acquired the M/T Wonder Alasia, a 2018 Japanese-built MR tanker, for $45.9 million, taking delivery on September 17, 2026. The second vessel, a 2014 Korean-built scrubber-fitted MR tanker purchased for $37.5 million, was delivered on September 18, 2026, and is expected to be renamed M/T Wonder Atria.

Both vessels were acquired from unaffiliated third parties. Following the acquisitions, Toro's fleet comprises four MR tanker vessels and two LPG carriers. The company is incorporated under the laws of the Republic of the Marshall Islands and its shares trade on the Nasdaq Capital Market.

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