Press Releases June 16, 2026 09:00 AM

Robin Energy Provides Commercial Update

Robin Energy reports full utilization of LPG fleet in May 2026 and secures over $8.4 million in contracted 2026 revenue.

By Caleb Monroe
Share
Twitter Reddit Facebook LinkedIn
RBNE

Robin Energy Ltd. announced that its two LPG carriers were fully utilized in May 2026 under time charter contracts, generating $713,000 in gross monthly charter revenue. The company secured contracted revenue exceeding $8.4 million for 2026 from its LPG segment, providing strong earnings and cash flow visibility. Additionally, a vessel sale in April 2026 resulted in a gain of approximately $6.7 million.

Robin Energy Provides Commercial Update
RBNE
Summarize with
ChatGPT Perplexity Claude Grok Gemini

Key Points

  • 100% fleet utilization of two LPG carriers in May 2026 resulting in robust monthly charter revenues.
  • Contracted LPG segment revenue secured above $8.4 million for 2026 enhancing financial stability.
  • Sale of M/T Wonder Mimosa yielding a significant gain of $6.7 million in April 2026.
  • Impact on energy transportation and shipping sectors, reflecting firm demand for LPG logistics services.

LIMASSOL, Cyprus, June 16, 2026 (GLOBE NEWSWIRE) -- Robin Energy Ltd. (NASDAQ: RBNE) ("Robin" or the "Company"), an international ship-owning company providing energy transportation services globally, provides the fleet commercial update for May 2026.

The Company's two LPG carriers continued trading under their respective time charter contracts with reputable counterparties and achieved 100% fleet utilization generating gross monthly charter revenue of $713,000 on aggregate.

Name
Type
DWT
Year Built
Country of
Construction

Gross Charter
Rate per month

Estimated Redelivery DateEarliestLatestDream SyraxLPG carrier 5,000 cbm5,1582015Japan$360,000Feb-27Mar-27Dream TerraxLPG carrier 5,000 cbm4,7432020Japan$353,000Dec-26Jan-27


As a result of these fixtures, the Company has secured contracted revenue from the LPG segment in excess of $8.4 million for 2026, providing strong earnings and operating cash flow visibility.

The M/T Wonder Mimosa was sold in April 2026, generating a gain on sale of approximately $6.7 million.

About Robin Energy Ltd.

Robin Energy is an international ship-owning company providing energy transportation services globally. The Company’s fleet comprises two LPG Carriers that carry petrochemical gases worldwide.

For more information, please visit the Company’s website at www.robinenergy.com. Information on our website does not constitute a part of this press release.

Cautionary Statement Regarding Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts, including those related to contracted revenues. We are including this cautionary statement in connection with this safe harbor legislation. The words “believe”, “anticipate”, “intend”, “estimate”, “forecast”, “project”, “plan”, “potential”, “will”, “may”, “should”, “expect”, “pending” and similar expressions identify forward-looking statements.

Forward-looking statements are subject to risks, uncertainties and other factors because they relate to events and depend on circumstances that may or may not occur in the future and/or are beyond our control or precise estimate. Such risks, uncertainties and other factors include, but are not limited to, uncertainties related to market conditions, as well as those factors discussed under “Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2025 and our other filings with the SEC, which can be obtained free of charge on the SEC’s website at http://www.sec.gov. Except to the extent required by applicable law, we disclaim any intention or obligation to update publicly or revise any forward‐looking statements, whether as a result of new information, future events or otherwise.

CONTACT DETAILS

For further information please contact:

Investor Relations
Robin Energy Ltd.
Email: [email protected]


Risks

  • Forward-looking statements subject to inherent uncertainties including market conditions that may affect future revenues and operations.
  • Dependence on continued charter contracts and counterparty reputations could impact earnings.
  • Potential volatility in global energy markets may affect LPG shipping rates and vessel utilization.

More from Press Releases

HII Delivers First of the Newest REMUS Variant: 130 Jun 16, 2026 Private Brands Are Driving Store Choice for the Majority of Consumers, New Report Finds Jun 16, 2026 Eva Live Establishes Eva Defense Inc. to Pursue Acquisitions in the Rapidly Expanding Drone and Defense Technology Market Jun 16, 2026 DAT: Spot truckload rates rise in May on capacity pressure across the market Jun 16, 2026 Flash Sports & Media (Nasdaq: FLZH) Launches Malaysia T20 League (MT20) Jun 16, 2026