TORO fundamentals

Toro Corp. is a shipping company, which engages in the acquisition, owning, chartering, and operation of oceangoing tanker vessels. The firm also provides seaborne transportation services for crude oil and refined petroleum products. It operates through the Aframax/LR2 Tanker and Handysize Tanker segments. The Aframax/LR2 Tanker segment includes vessels operated under time charter contracts, voyage charter contracts, and pools entered into by certain of the subsidiaries. The Handysize Tanker segment consists of vessels operated in a Handysize pool. The company was founded on July 29, 2022 and is headquartered in Limassol, Cyprus.