Robin Energy posts May charter revenue of $713K
Robin Energy Ltd. reports a strong commercial update for May 2026 from its LPG carrier fleet.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
6-K
Rhea-AI Filing Summary
Robin Energy Ltd. reports a strong commercial update for May 2026 from its LPG carrier fleet. The two LPG vessels operated at 100% utilization under time charter contracts with reputable counterparties, generating gross monthly charter revenue of $713,000 in aggregate.
Based on existing contracts, the company has secured LPG segment contracted revenue in excess of $8.4 million for 2026, which supports earnings and operating cash flow visibility. In addition, the sale of the M/T Wonder Mimosa in April 2026 generated an approximate gain on sale of $6.7 million, further bolstering financial performance.
Insights
Robin Energy highlights fully employed LPG fleet, solid 2026 backlog, and a sizeable vessel sale gain.
Robin Energy shows its two LPG carriers fully fixed on time charters, delivering $713,000 gross charter revenue for May 2026 at 100% fleet utilization. The disclosed monthly rates and utilization underline stable near-term cash generation from its small but focused LPG fleet.
The company states contracted LPG segment revenue in excess of $8.4 million for 2026, which provides good visibility into that year’s earnings and operating cash flow. This backlog is tied to named vessels and specified redelivery windows, limiting near-term volume risk.
The approximate $6.7 million gain on the April 2026 sale of M/T Wonder Mimosa adds a one-time boost to results and liquidity. Future disclosures in periodic reports will clarify how this gain and the loss of that vessel’s earnings contribution affect full-year financials.
Key Figures
May 2026 charter revenue: $713,000
Contracted LPG revenue 2026: In excess of $8.4 million
Gain on sale of M/T Wonder Mimosa: Approximately $6.7 million
+4 more
7 metrics
May 2026 charter revenue
$713,000
Gross monthly charter revenue from two LPG carriers
Contracted LPG revenue 2026
In excess of $8.4 million
LPG segment contracted revenue for 2026
Gain on sale of M/T Wonder Mimosa
Approximately $6.7 million
Vessel sold in April 2026
Dream Syrax charter rate
$360,000 per month
Gross charter rate under time charter
Dream Terrax charter rate
$353,000 per month
Gross charter rate under time charter
Dream Syrax DWT
5,158 DWT
LPG carrier built 2015 in Japan
Dream Terrax DWT
4,743 DWT
LPG carrier built 2020 in Japan
Key Terms
time charter, fleet utilization, contracted revenue, gain on sale, +2 more
6 terms
time charter financial
"continued trading under their respective time charter contracts with reputable counterparties"
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.
fleet utilization financial
"and achieved 100% fleet utilization generating gross monthly charter revenue"
Fleet utilization measures how much of a company’s vehicles, ships, or aircraft are actively working and earning revenue compared with the total available capacity over a given time. It matters to investors because higher utilization usually means the company is turning expensive assets into income efficiently—like a taxi that’s on fares more often rather than sitting idle—while low utilization can signal wasted capital, higher unit costs, and weaker profit potential.
contracted revenue financial
"the Company has secured contracted revenue from the LPG segment in excess of $8.4 million for 2026"
Contracted revenue is the amount of money a business expects to receive because customers have signed binding agreements for goods or services over a set period. For investors it shows how much future cash is already promised, reducing uncertainty about sales — like having customers hand you a schedule of payments in advance — which helps assess growth potential, valuation and risk compared with one-off or uncertain sales.
gain on sale financial
"The M/T Wonder Mimosa was sold in April 2026, generating a gain on sale of approximately $6.7 million"
Gain on sale is the profit a company records when it sells an asset—like property, equipment, or an investment—for more than the value it had on the books. Think of it as selling a used car for more than you paid or than you listed it as worth; the extra cash shows up as a one-time boost to the company’s reported income, which can raise short-term earnings and cash but may not indicate ongoing business strength.
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 of the Securities Act"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What charter revenue did Robin Energy Ltd. (RBNE) generate in May 2026?
Robin Energy generated gross monthly charter revenue of $713,000 in May 2026. This came from its two LPG carriers operating under time charter contracts, both achieving 100% fleet utilization during the month, underscoring stable employment for its vessels.
What is Robin Energy Ltd. (RBNE)’s contracted LPG revenue for 2026?
Robin Energy reports contracted revenue from its LPG segment in excess of $8.4 million for 2026. This revenue is backed by existing time charter agreements on its two LPG carriers, providing visibility into earnings and operating cash flow for that period.
How utilized was Robin Energy Ltd. (RBNE)’s LPG fleet in May 2026?
Robin Energy achieved 100% fleet utilization for its two LPG carriers in May 2026. Both vessels traded under their respective time charter contracts with reputable counterparties, meaning all available operating days were employed during the month.
What gain did Robin Energy Ltd. (RBNE) realize from the sale of M/T Wonder Mimosa?
Robin Energy states that the M/T Wonder Mimosa was sold in April 2026, generating an approximate $6.7 million gain on sale. This gain represents a one-time positive impact on the company’s financial results and cash position for that period.
What are the charter rates and redelivery windows for Robin Energy’s LPG carriers?
The Dream Syrax earns a gross charter rate of $360,000 per month, with estimated redelivery between February and March 2027. The Dream Terrax earns $353,000 per month, with estimated redelivery between December 2026 and January 2027, supporting contracted revenue.
What type of business does Robin Energy Ltd. (RBNE) operate?
Robin Energy is an international ship-owning company providing energy transportation services globally. Its fleet currently comprises two LPG carriers of about 5,000 cbm each, which transport petrochemical gases worldwide under time charter contracts with counterparties.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2026
Commission File Number 001-42543
ROBIN ENERGY LTD.
(Translation of registrant’s name into English)
223 Christodoulou Chatzipavlou Street
Hawaii Royal Gardens
3036 Limassol, Cyprus
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
Attached to this report on Form 6-K as Exhibit 99.1 is a copy of the press release issued by Robin Energy Ltd. (the “Company”) on June 16, 2026, providing a fleet commercial update for May 2026.
The information contained in this report on Form 6-K and Exhibit 99.1 attached hereto are hereby incorporated by reference into the Company’s registration statements on Form F-3 (Reg. No. 333-286726 and Reg. No.
333-288459).
EXHIBIT INDEX
|
Exhibit No.
|
Description
|
|
99.1
|
Press Release of Robin Energy Ltd., dated June 16, 2026
|
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
Date: June 16, 2026
|
|
|
ROBIN ENERGY LTD.
|
|
|
By:
|
/s/ Petros Panagiotidis
|
|
Name:
|
Petros Panagiotidis
|
|
Title:
|
Chairman and Chief Executive Officer
|
Exhibit 99.1
Robin Energy Provides Commercial Update
Limassol, Cyprus, June 16, 2026 – 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
Date
|
|
|
Earliest
|
Latest
|
||||||
|
Dream
Syrax
|
LPG carrier
5,000 cbm
|
5,158
|
2015
|
Japan
|
$360,000
|
Feb-27
|
Mar-27
|
|
Dream
Terrax
|
LPG carrier
5,000 cbm
|
4,743
|
2020
|
Japan
|
$353,000
|
Dec-26
|
Jan-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: ir@robinenergy.com