Toro Corp. acquires, owns, charters, and operates oceangoing tanker vessels and provides seaborne transportation services for crude oil and refined petroleum products worldwide.

The company operates in two segments, Aframax/LR2 tanker and Handysize tanker. Its Aframax/LR2 tankers, which transport crude oil; and Handysize tankers, which transport refined petroleum products.

The company operates a fleet of eight tanker vessels with an aggregate cargo carrying capacity of 0.7 million deadweight ton.

Toro Corp. was incorporated in 2022 and is headquartered in Limassol, Cyprus.