Rubico Announces LOI for Acquisition From Top Ships - RUBI News | RalliesRubico Announces LOI for Acquisition From Top Ships
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RUBI• Rubico enters letter of intent for tanker acquisition
- Rubico Inc. announced a letter of intent for the acquisition of a high specification newbuilding MR tanker.
- The company said the LOI exclusivity period expires on July 31, 2026.
- Rubico said it entered into the letter of intent for a potential acquisition from Top Ships Inc.
- The SPV has a 7-year time charter with Trafigura at $18,750 per day.