Robin Energy Provides Commercial Update

Robin Energy (NASDAQ: RBNE) updated commercial operations across its tanker and LPG segments on March 4, 2026.

Rhea-AI Summary

Robin Energy (NASDAQ: RBNE) updated commercial operations across its tanker and LPG segments on March 4, 2026. The Handysize tanker M/T Wonder Mimosa earned a $30,115 gross daily rate in February 2026, up 52% month-over-month and 93% year-over-year.

Both LPG carriers were fixed on multi-period charters through early 2027 at gross monthly rates of $353,000 and $360,000, generating contracted LPG revenue in excess of $7.0 million for 2026 and improving cash flow visibility.

Positive

• Tanker gross daily rate $30,115 in Feb 2026 (+93% YoY)
• Secured > $7.0 million contracted LPG revenue for 2026
• LPG charters locked at $353,000 and $360,000 monthly through 2027

Negative

• Fleet size limited to 3 vessels, concentrating revenue exposure
• M/T Wonder Mimosa is 2006-built, implying higher age-related operating risk

Argus Mar 4 session

-3.72% close to close Open Argus

Details

News Market Reaction – RBNE

On Mar 4, the day this news came out, RBNE closed 3.72% below the previous close.

Data tracked by StockTitan Argus for the Mar 4 session.

Key Figures

February 2026 gross daily rate: $30,115 Monthly increase vs January 2026: 52% Year-over-year increase: 93% +5 more

February 2026 gross daily rate

$30,115

M/T Wonder Mimosa tanker daily pool performance

Monthly increase vs January 2026

52%

February 2026 daily rate vs previous month

Year-over-year increase

93%

February 2026 daily rate vs February 2025

Dream Terrax charter rate

$353,000 per month

Time charter from March 2026 until January 2027

Dream Syrax charter rate

$360,000 per month

Time charter fixed until March 2027

Contracted LPG revenue 2026

>$7.0 million

Secured LPG segment revenue for 2026

Fleet LPG carriers

2 vessels

Company fleet composition

Fleet tankers

1 Handysize tanker

Company fleet composition

Historical Context

5 past events · Latest: 2025-12-22

5 events

1. 2025-12-22

   Reverse stock split

   24h Move

   -1.4%

   Announced 1-for-5 reverse split to consolidate shares and adjust trading price.

2. 2025-12-16

   Share buyback plan

   24h Move

   +4.4%

   Board approved up to $1.0 million in common share repurchases.

3. 2025-12-04

   Commercial update

   24h Move

   +8.1%

   Reported rising tanker rates and contracted LPG charters with 2026 coverage.

4. 2025-11-13

   Earnings filing

   24h Move

   -15.3%

   Filed financial results for three and nine months ended September 30, 2025.

5. 2025-10-24

   Registered offering

   24h Move

   -11.7%

   Priced $7.0 million registered direct equity offering to a single investor.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

gross daily rate, time charter, forward-looking statements, safe harbor provisions, +1 more

5 terms

gross daily rate financial

"Gross daily rate for February 2026, amounted to $30,115, 52% higher..."

The gross daily rate is the unadjusted amount of interest, fee, or return expressed on a per-day basis before any deductions such as taxes, management fees, or other costs. Investors use it to see the raw daily earning or charge a financial instrument generates—like looking at the size of a cake before anyone takes a slice—so they can compare products easily and estimate how much will actually flow to them after known deductions.

time charter technical

"operates since March 2026 under a time charter contract with a reputable..."

A time charter is an agreement where a ship owner rents out their vessel to a customer for a set period, during which the customer has control over the ship’s use and operation. This arrangement matters to investors because it provides a steady income stream for the ship owner and indicates ongoing demand for shipping services, reflecting the health of global trade and transportation markets.

forward-looking statements regulatory

"Matters discussed in this press release may constitute forward-looking statements."

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

safe harbor provisions regulatory

"covered by the safe harbor provisions for forward-looking statements contained in Section 27A..."

Safe harbor provisions are rules or legal protections that shield companies or individuals from certain penalties or liabilities when they follow specific guidelines or procedures. They provide a sense of security, encouraging compliance and innovation by reducing the fear of legal repercussions if they act in good faith. For investors, these provisions help ensure that companies are transparent and accountable without the risk of unfair punishment for honest mistakes.

exchange act regulatory

"Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)."

A federal law that sets rules for trading securities on public exchanges, requiring companies and market participants to register, disclose regular financial information, and follow standards that promote honest, orderly markets. For investors, it matters because it creates transparency and legal protections—like stopping insider trading and ensuring timely company disclosures—so you can evaluate risks and rely on consistent rules much as players rely on a referee to keep a game fair.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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LIMASSOL, Cyprus, March 04, 2026 (GLOBE NEWSWIRE) -- Robin Energy Ltd. (NASDAQ: RBNE) ("Robin Energy" or the "Company"), an international ship-owning company providing energy transportation services globally, provides a commercial update on vessel employment across LPG and tanker segments.

Tanker segment – strong pool performance:

The M/T Wonder Mimosa, a 2006-built South Korean Handysize tanker vessel, has continued to perform strongly as part of a leading commercial pool. Gross daily rate for February 2026, amounted to $30,115, 52% higher than the previous month and 93% increase over the same period in 2025, highlighting the company’s ability to capitalize on favorable tanker market conditions.

Gross Daily Rate December 2025		Gross Daily Rate January 2026		Gross Daily Rate February 2026
$22,094		$19,777		$30,115

LPG segment – both vessels on attractive multi-period charters:

The M/T Dream Terrax, a 2020-built, 5,000 cbm Japanese-built LPG carrier, operates since March 2026 under a time charter contract with a reputable counterparty at a gross monthly charter rate of $353,000 until January 2027, (previously $345,000), representing a 17% premium to the 10-year historical average^*.

The M/T Dream Syrax, a 2015-built, 5,000 cbm Japanese-built LPG carrier, was fixed at a gross monthly charter rate of $360,000 until March 2027 (previously at $353,000), representing a 19% premium the 10-year historical average^*.

As a result of these fixtures, the Company has secured contracted LPG revenue in excess of $7.0 million for 2026, providing strong earnings and operating cash flow visibility for the segment.

^{*Based on Clarksons Research Services Limited Shipping Intelligence Network Timeseries 5K cbm West LPG 12 Month Timecharter Rate}

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 and one Handysize tanker vessel that carry petrochemical gases and refined petroleum products 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, 2024 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: ir@robinenergy.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What gross daily rate did RBNE report for the M/T Wonder Mimosa in February 2026?

The M/T Wonder Mimosa earned a $30,115 gross daily rate in February 2026. According to the company, this was 52% higher than January 2026 and 93% above February 2025, reflecting stronger tanker pool performance.

How much contracted LPG revenue did RBNE secure for 2026 from its LPG charters?

Robin Energy secured contracted LPG revenue in excess of $7.0 million for 2026. According to the company, this amount derives from multi-period time charters for both LPG carriers through early 2027.

What are the charter rates and durations for RBNE's LPG vessels in 2026?

The LPG carriers were fixed at $353,000 and $360,000 monthly, with charters running until January 2027 and March 2027 respectively. According to the company, both contracts provide near-term revenue visibility.

How did RBNE describe the tanker segment's market performance in early 2026?

Robin Energy described the tanker segment as showing strong pool performance in early 2026. According to the company, the Handysize tanker’s February daily rate rose sharply, signaling favorable tanker market conditions.

What does RBNE say about the company fleet composition as of March 2026?

The company operates a fleet of two LPG carriers and one Handysize tanker. According to the company, these vessels carry petrochemical gases and refined petroleum products worldwide.