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Rubico closes acquisition of newbuilding MR tanker slated for 2029 delivery
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Rubico closes acquisition of newbuilding MR tanker slated for 2029 delivery
  • Rubico closed its acquisition of a company holding a contract to build a 47,499 dwt chemical/product MR tanker at Guangzhou Shipyard International.
  • Delivery is scheduled for Q2 2029.
  • The vessel has a seven-year time charter from delivery with a major oil trader, with an option to extend four years.
  • Potential gross revenue backlog from three newbuilding MR tankers totals about $226.3 million, including optional extension years.
  • Total potential gross revenue backlog rises to about $374.6 million, including the operating fleet, assuming all extension options are exercised.


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 GlobeNewswire (Ref. ID: 202610060830PRIMZONEFULLFEED1001276549) on October 06, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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