Rubico Inc., the investment company controlled by Evangelos Pistiolis, said its net asset value (NAV) rose to 183.1 million dollars as of June 30, 2026, based on third-party broker valuations of its charter-free fleet.
The valuation represents a 94% increase from the NAV announced on March 2, 2026. On a per-share basis, NAV stood at 300.26 dollars per common share and 72.22 dollars on a fully diluted basis.
The company said its shares are currently trading at a 95% discount to the fully diluted NAV.
Rubico’s fleet comprises two modern eco-design Suezmax tankers, while its asset portfolio also includes two MR tankers and a megayacht earmarked for potential divestment.
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