Search results for: TOP Ships

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  • 24 December 2019
    Business & Finance

    TOP Ships inked a financing deal with an undisclosed Chinese financier for its recently acquired two newbuilding duo.

  • 12 May 2020
    Vessels

    Nasdaq-listed tanker owner TOP Ships has acquired three Medium Range (MR) tankers that are being built at the Hyundai Mipo shipyard in South Korea. The ships were bought in an $18 million acquisition from a company affiliated with the company’s Chief Executive Officer Evangelos J. Pistiolis. The ultra-high specification scrubber-fitted 50,000 dwt eco MR product/chemical tankers […]

  • 23 July 2015
    Business & Finance

    Owner and operator of tanker vessels TOP Ships Inc. has taken delivery of the M/T Ecofleet, a 39,000 dwt fuel efficient ECO MR product tanker, the third of six vessels under construction in the company’s fleet. The company also announced that the M/T Ecofleet has commenced its time charter employment with BP Shipping Limited. The remaining […]

  • 23 January 2019
    Business & Finance

    TOP Ships has concluded financing agreements worth up to USD 45.8 million.

  • 23 July 2015
    Business & Finance

    Owner and operator of tanker vessels TOP Ships Inc. has taken delivery of the M/T Ecofleet, a 39,000 dwt fuel efficient ECO MR product tanker, the third of six vessels under construction in the company’s fleet. The company also announced that the M/T Ecofleet has commenced its time charter employment with BP Shipping Limited. The remaining […]

  • 25 July 2018
    Business & Finance

    TOP Ships is in talks on financing deals related to its three newbuildings under construction in South Korea.

  • 27 April 2020
    Business developments & projects, Infrastructure, Vessels

    Greek tanker owner and operator TOP Ships has acquired a 50 per cent interest in two companies that own two ultra-high specification scrubber-fitted 50,000 dwt eco MR product tanker newbuilds.

  • 6 January 2020
    Business & Finance

    TOP Ships disposed of its only two medium range (MR) 1 product/chemical tankers.

  • 20 December 2019
    Business & Finance

    TOP Ships has purchased two MR tanker newbuilds from an entity affiliated with the company’s CEO.

  • 3 December 2018
    Business & Finance

    TOP Ships has concluded the USD 92.5 million financial deal for two Suezmaxes under construction at Hyundai Samho.

  • 11 September 2018
    Business & Finance

    TOP Ships received approval for USD 92.5 million via sale and leaseback deals to finance two Suezmax newbuildings.

  • 17 July 2019
    Business & Finance

    TOP Ships inks a financing agreement with an undisclosed Chinese financier to refinance one of its MR2 tankers.

  • 24 February 2020
    Business & Finance

    TOP Ships’ JV sells M/T Holmby Hills and M/T Palm Springs.

  • 27 November 2017
    Business & Finance

    Greece-based ship owner TOP Ships has purchased all of the outstanding shares in a Marshall Islands company that owns a newbuilding contract for M/T Eco California. The high specification 50,000 dwt medium range product/chemical tanker is under construction at Hyundai Mipo Dockyard in Korea from an entity affiliated with TOP Ships’ Chairman and Chief Executive Officer, […]

  • 12 July 2017
    Business & Finance

    Athens-based shipowner Top Ships has entered into two joint venture agreements for two medium range (MR) tankers with commodities trading house Gunvor Group. The deal, which has a 50-50 basis, is related to the 50,000 dwt product tankers M/T Eco Holmby Hills and M/T Eco Palm Springs. The ships are currently under construction in Hyundai with expected […]

  • 12 August 2016
    Business & Finance

    Greece-based tanker owner and operator Top Ships has taken delivery of its sixth and final newbuild vessel, the 50,000 dwt fuel efficient ECO MR product tanker M/T Nord Valiant. The ship, which features a length of 183.1 meters and a width of 32.2 meters, was constructed by Vietnam’s Hyundai Vinashin yard. The vessel is now expected to start working for Danish shipping […]

  • 4 January 2018
    Business & Finance

    Stena Bulk has extended four time charter agreements with Top Ships.

  • 26 October 2018
    Business & Finance

    TOP Ships has agreed a time charter deal with Clearlake Shipping for one of its product/chemical tankers.

  • 2 February 2016
    Business & Finance

    Nasdaq-listed tanker owner TOP Ships Inc. took delivery of the M/T Eco Revolution, a 39,000 dwt “ECO” MR product tanker, the fourth of six vessels under construction in the company’s fleet. The remaining two vessels are scheduled for delivery in the second and third quarter of 2016. The M/T Eco Revolution has commenced its time […]

  • 28 December 2015
    Business & Finance

    Nasdaq-listed tanker owner TOP Ships Inc. has entered into an agreement to borrow up to USD 15 million from Family Trading Inc., a company affiliated with its President, Chief Executive Officer and Director, Evangelos J. Pistiolis. TOP Ships said that the loan may be used to fund only the company’s newbuilding program and working capital […]

  • 4 August 2016
    Business & Finance

    Greece-based tanker owner and operator Top Ships has secured financing for the company’s sixth and final newbuilding vessel, the 50,000 dwt fuel efficient “ECO” MR product tanker, M/T Nord Valiant. Namely, the company said that it entered into a senior secured facility with an undisclosed northern European bank, however, no further details on the deal were revealed. Nord Valiant, currently […]

  • 7 February 2020
    Business & Finance

    TOP Ships has entered into agreements to dispose of an MR2 tanker pair.