Rubico to buy shares in SPV tied to 47,499-dwt newbuilding MR tanker for $6.5 million

Reuters2026/07/31 12:36

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Rubico entered an SPA to buy an SPV holding a shipbuilding contract for a 47,499 dwt chemical/product MR tanker, due in Q2 2029.
Deal value about USD 6.5 million, with closing expected by Sept. 30, 2026.
Vessel fixed on a seven-year time charter from delivery, with a four-year extension option; potential gross backlog about USD 75.4 million.
Total potential gross revenue backlog rises about 24% to about USD 379.2 million, including optional years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rubico Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-26-005108), on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Rubico to buy shares in SPV tied to 47,499-dwt newbuilding MR tanker for $6.5 million

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