Robin Energy reveals rising earnings for LPG carrier and tanker fleet

Limassol-based ship-owning company Robin Energy has reported rising earnings for its two LPG carriers and single handysize tanker.

In a commercial update on December 4, the Nasdaq-listed owner said both LPG vessels are on attractive multi-period charters, whilst its handysize tanker has continued to perform strongly as part of a commercial pool.

Specifically, the 5,000 cbm Japanese-built LPG carrier Dream Terrax (2020-built) operates under a time charter contract with a “reputable counterparty,” according to the company, at a gross monthly charter rate of $345,000 until February 2026 followed by an increase to $353,000 until January 2027.

The second LPG carrier, the 5,000 cbm Japanese 2015-built Dream Syrax operates under a time charter contract at a gross monthly charter rate of $353,000 until March 2026.

“These fixtures provide the company with a contracted revenue in excess of $5.5m, significantly strengthening Robin Energy’s earnings visibility from the segment, covering 59% of ownership days for 2026,” the company said in its release.

In the tanker segment, the vessel Wonder Mimosa, a 2006-built South Korean handysize tanker vessel, has continued to perform strongly as