Ai Okto agrees to sell Dream Arrax LPG carrier for $18 million
RBNE•Ai Okto agreed to sell the 2015-built Dream Arrax LPG carrier to a wholly owned Robin Energy subsidiary for $18 million. Delivery of the 5,000-cubic-meter vessel is expected in the fourth quarter of 2026, subject to customary closing conditions.
1. Vessel sale
Ai Okto agreed to sell the Dream Arrax to a wholly owned subsidiary of Robin Energy for $18 million. The 5,000-cubic-meter vessel was built in 2015, and delivery is expected in the fourth quarter of 2026, subject to customary closing conditions.
2. Buyer control
Robin Energy is controlled by Ai Okto’s chairman and CEO.
