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Petros Panagiotidis is returning to the spin-off playbook, with Toro Corp moving to carve out its remaining two LPG carriers into another Nasdaq-listed vehicle and leave itself with a tanker-only fleet. The Cyprus-based owner plans to spin off the 2015-built, 5,000 cu m Dream Arrax and Dream Vermax into AI OKTO Corp, along with $45m …
Panagiotidis reshuffles fleet again with Toro LPG spin-off
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