The company, owned by Petros Panagiotidis, also turned to a net profit of $0.5 million, from losses of $0.1 million last year, while operating profit stood at $1.3 million.
Management further emphasized that cash reserves amounted to $23.7 million at the end of March, from $5.7 million at the end of 2025.
After the end of the quarter, Robin Energy also completed the sale of the M/T “Wonder Mimosa” for $12.8 million, with an expected net profit of approximately $6.7 million.
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