Rubico to buy shares in SPV tied to 47,499-dwt newbuilding MR tanker for $6.5 million
RUBI•Charter cover and revenue backlog
The vessel is fixed on a seven-year time charter from delivery, with a four-year extension option.
The company said the arrangement implies a potential gross backlog of about $75.4 million. Including the optional years, total potential gross revenue backlog rises about 24% to about $379.2 million.
Rubico to buy SPV tied to newbuilding tanker contract
Rubico entered into a share purchase agreement to buy an SPV holding a shipbuilding contract for a 47,499 dwt chemical/product MR tanker, due in Q2 2029.
The deal value is about $6.5 million, with closing expected by Sept. 30, 2026.
