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Rubico closed its acquisition of a company holding a contract to build a 47,499 dwt chemical/product MR tanker at Guangzhou Shipyard International, with delivery scheduled for Q2 2029. The vessel has a seven-year time charter from delivery with a major oil trader, with an option to extend four years.
Rubico has completed the acquisition of a special purpose vehicle that holds a contract for a 47,499 dwt MR tanker set to be delivered in Q2 2029. The company has secured a 7-year time charter for the vessel from its delivery date, with an option for an additional 4 years. This deal potentially adds approximately $374.