Robin Energy Ltd.

The company operates in the worldwide transportation of refined petroleum products and liquefied petroleum gas (LPG). For the years ended December 31, 2023 and 2024, the company operated one tanker vessel. From the third quarter of 2025, the company began operating two 5,000 cbm LPG carriers, leading to the establishment of two reportable segments: the tanker segment and the LPG carrier segment. These segments reflect the company's internal organization and how its chief operating decision maker reviews results and allocates capital. The transport of refined petroleum products and LPG has different characteristics, including the nature of trade, trading routes, charterers, and cargo handling. As of the date of this Annual Report, the fleet includes the M/T Wonder Mimosa, a tanker in the tanker segment, with a capacity of 36,718 dwt, built in 2006 in S. Korea, participating in an unaffiliated tanker pool. The LPG carrier segment includes the LPG Dream Syrax, with a capacity of 5,158 dwt, built in 2015 in Japan, on a Period Time Charter with a gross charter rate of $360,000, expiring between February 2027 and March 2027. Also in the LPG carrier segment is the LPG Dream Terrax, with a capacity of 4,743 dwt, built in 2020 in Japan, on a Period Time Charter with a gross charter rate of $353,000, expiring between December 2026 and January 2027. The company does not disclose geographic information for its segments because charterers are generally free to trade vessels worldwide.