Robin Energy Provides Commercial Update

Rhea-AI Summary

Robin Energy (NASDAQ: RBNE) provided a commercial update on vessel employment across LPG and tanker segments dated Dec. 4, 2025. Two LPG carriers are on multi-period time charters at gross monthly rates of $345,000 (rising to $353,000 from Feb 2026 to Jan 2027) and $353,000 until March 2026, yielding contracted revenue in excess of $5.5 million and covering 59% of ownership days for 2026.

In the tanker segment the M/T Wonder Mimosa achieved a gross daily rate of $19,442 in November 2025, up 19% month-over-month, following September and October rates of $14,871 and $16,349 respectively. The company reiterates a mixed strategy of fixed charter coverage and spot exposure to balance cash flow visibility and upside.

Positive

• Contracted revenue in excess of $5.5 million
• 59% of ownership days for 2026 covered by LPG charters
• Time charters at $345,000–$353,000 per month through early 2027
• M/T Wonder Mimosa November 2025 gross daily rate $19,442 (up 19% MoM)

Negative

• Fleet limited to 3 vessels, concentrating operational exposure
• 41% of 2026 ownership days remain uncontracted, exposing cash flow to spot volatility

Insights

Shipping Commercial Analyst

Secures material near-term cash flow via multi-period LPG charters and shows improving tanker rate momentum.

The company has locked the two LPG carriers on time charters that together generate contracted revenue in excess of $5.5 million, with coverage equal to 59% of ownership days for 2026. One LPG vessel yields $345,000 monthly rising to $353,000 in early 2026, while the second is fixed at $353,000 through March 2026. These fixtures provide predictable cash flow for much of the year and reduce short-term revenue volatility from spot exposure.

The tanker shows clear month-over-month improvement, with gross daily rates rising from $14,871 in September to $19,442 in November, a 19% increase versus the prior month. This performance highlights the benefit of keeping a portion of the fleet exposed to the spot/pool market to capture upside when product tanker rates strengthen.

Dependencies and risks include the remaining uncovered ownership days in 2026 and counterparty performance on the time charters; the disclosed figures alone do not quantify net revenue after costs or financing. Watch charter expiries in February 2026, March 2026, and the January 2027 step-up for the first LPG vessel as the next concrete milestones that will determine whether contracted coverage can be extended or replaced before exposure increases.

LIMASSOL, Cyprus, Dec. 04, 2025 (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.

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 under a time charter contract with a reputable counterparty at a gross monthly charter rate of $345,000 until February 2026 followed by an increase to $353,000 until January 2027, securing steady employment and predictable cash flow for 2026.

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

The above fixtures, provide the Company with a contracted revenue in excess of $5.5 million, significantly strengthening Robin Energy’s earnings visibility from the segment, covering 59% of ownership days for 2026.

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 November 2025, amounted to $19,442, 19% higher than the previous month, with positive seasonal trend, further highlighting the company’s ability to capitalize on favorable tanker market conditions.

Gross Daily Rate September 2025		Gross Daily Rate October 2025		Gross Daily Rate November 2025
$14,871		$16,349		$19,442

These fixtures underline the Company’s strategy of deploying our vessels under a balanced mix of fixed charter coverage and spot market exposure, securing visible cash flows while retaining commercial flexibility to capitalize on spot market upside through our product tanker.

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 our charter and pool arrangements, expected future cash flow and benefits to us and our shareholders. 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 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

What LPG charter rates did Robin Energy (RBNE) announce on Dec 4, 2025?

Robin Energy reported LPG time charters at gross monthly rates of $345,000 (rising to $353,000 from Feb 2026 to Jan 2027) and $353,000 until March 2026.

How much contracted revenue do the RBNE LPG fixtures cover for 2026?

The LPG fixtures provide contracted revenue in excess of $5.5 million and cover 59% of ownership days for 2026.

What were the M/T Wonder Mimosa daily rates reported by Robin Energy in Nov 2025?

M/T Wonder Mimosa achieved a gross daily rate of $19,442 in November 2025, a 19% increase versus October 2025.

How does Robin Energy (RBNE) balance cash flow and market exposure?

Robin Energy said it uses a mix of fixed charter coverage for visible cash flows and spot market exposure via its product tanker for upside.

What percentage of Robin Energy's 2026 ownership days remain uncontracted after the update?

After the announced LPG charters, 41% of 2026 ownership days remain uncontracted and exposed to spot rates.