Top Ships
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Top Ships announces sale of a newbuilding MR tanker for about $6.5 million

TOP Ships Inc. has announced the sale of a newbuilding ECO MR product tanker for approximately $6.25 million. The transaction involves the sale of 100% of the issued and outstanding shares of a Marshall Islands-based special purpose vehicle (SPV) that holds a shipbuilding contract for a 47,499 dwt…

AInvest Wire · Jul 28, 2026

Top Ships - special committee cites Gulf instability and tanker fleet growth in decision

A special committee of Top Ships’ board has cited ongoing instability in the Gulf region and the expansion of the global tanker fleet as key factors in its recent strategic decision[1]. The committee emphasized that geopolitical tensions in the Gulf continue to create uncertainty for maritime…

AInvest Wire · Jul 16, 2026

Top Ships - to receive $23.5 mln refund from cancelled Dubai deal

Top Ships Inc. (NYSE: TS) has announced that it is entitled to a $23.5 million refund following the cancellation of a previously disclosed contract with a Dubai-based entity. The company had entered into an agreement to provide maritime logistics services, but the deal was terminated due to unmet…

AInvest Wire · Jul 16, 2026

Top Ships Inc. announces sale of eco MR product tanker newbuilding for about $6.25 million

AInvest Wire · Jul 15, 2026

Top Ships - experienced no interruption to contracted cash flows generated by M/T Legio X

TOP Ships has confirmed that the recently delivered 300,000 dwt Very Large Crude Oil Carrier (VLCC) M/T Legio X Equestris has not experienced any interruption to its contracted cash flows. The vessel, equipped with a "very high specification" scrubber, was constructed at the Hyundai Heavy…

AInvest Wire · Jun 24, 2026

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