Rubico Announces Acquisition of Additional Newbuilding MR Tanker and a 33% Increase of Potential Gross Revenue Backlog to About $305 Million
Rubico Inc. (Nasdaq: RUBI) agreed to buy an SPV from Top Ships Inc. tied to a 47,499 dwt MR tanker newbuilding contract with Guangzhou Shipyard and China Shipbuilding Trading. Purchase price is about $6.25 million, closing by Sept. 30, 2026. Delivery is Q3 2029; 7-year time charter. Potential gross revenue backlog rises to about $305 million.




