reports
TOP Ships Announces Letter of Intent for Acquisition of Real Estate As...
TOP Ships Announces Letter of Intent for Acquisition of Real Estate Assets in Dubai ATHENS, Greece, Nov. 28, 2025 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “TOP Ships”) (NYSE American:TOPS), an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced today that it has entered into a letter of intent for the potential acquisition of certain residential real estate assets in Dubai from a company affiliated with Mr. Evangelos J. Pistiolis, the Company’s President and Chief Executive Officer. Under the letter of intent, TOP Ships has been granted a...
Top Ships Inc. announces extension of Time Charter for its MR Tanker
Top Ships Inc. announces extension of Time Charter for its MR Tanker ATHENS, Greece, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Top Ships Inc. (the “Company” or “TOPS”) (NYSE:TOPS), an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today that it has extended the time charter agreement with Weco Tankers A/S by three years at a daily rate of $18,250 for its 50,000 dwt MR Product Tanker, M/T Eco Marina Del Ray. The Company expects a total gross revenue backlog associated with this time charter extension of $20.0 million. About the Company TOP Ships Inc. ...
Top Ships Inc. Announces Successful Completion of its Tanker Fleet Ref...
Top Ships Inc. Announces Successful Completion of its Tanker Fleet Refinancing ATHENS, Greece, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Top Ships Inc. (the “Company” or “TOPS”) (NYSE:TOPS), an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today that it has closed the previously announced sale and leaseback financing agreements (the “SLBs” or “Financing Agreements”) with a major Chinese financier for the refinancing of its two 300,000 dwt VLCC tankers, the M/Ts Julius Caesar and Legio X Equestris, its 157,000 dwt Suezmax tanker, the M/T Eco Oceano and ...
TOP Ships Announces Distribution Date of August 1, 2025 for Spin-Off o...
TOP Ships Announces Distribution Date of August 1, 2025 for Spin-Off of Rubico Inc. ATHENS, Greece, July 31, 2025 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “TOP Ships”) (NYSE American:TOPS), an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced today that the expected distribution date for the common shares of Rubico Inc. (“Rubico”) is August 1, 2025. Rubico common shares are expected to commence trading on a standalone basis on the Nasdaq Capital Market on August 4, 2025, the first trading day after the date of distribution, under the t...
TOP Ships Announces Approval of Listing on the Nasdaq Capital Market f...
TOP Ships Announces Approval of Listing on the Nasdaq Capital Market for Spin-Off of Rubico Inc. ATHENS, Greece, June 26, 2025 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “TOP Ships”) (NYSE American: TOPS), an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced today that the application of Rubico Inc. (“Rubico”), to list its common shares on the Nasdaq Capital Market has been approved. In addition, the registration statement on Form 20-F filed by Rubico in connection with its spin-off from Top Ships Inc has been declared effective by the U....
TOP Ships Inc. Announces Ex-Distribution Date for Planned Spin-Off of ...
TOP Ships Inc. Announces Ex-Distribution Date for Planned Spin-Off of Rubico, a New Nasdaq-Listed Suezmax Tanker Company ATHENS, Greece, June 05, 2025 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “TOP Ships”) (NYSE American:TOPS), an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced today that the NYSE American (the “NYSE”) has established an ex-distribution date for the previously-announced proposed spin-off of two of its Suezmax tanker vessels. Rubico Inc. (“Rubico”), currently a subsidiary of TOP Ships, would become an independent publi...
TOP Ships Inc. Announces Intention to Spin Off a New Nasdaq-Listed Sue...
TOP Ships Inc. Announces Intention to Spin Off a New Nasdaq-Listed Suezmax Tanker Company ATHENS, Greece, June 04, 2025 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “TOP Ships”) (NYSE American: TOPS), an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced today that it intends to effect a spin-off of two of its Suezmax tanker vessels. Rubico Inc. (“Rubico”), currently a subsidiary of TOP Ships, would become an independent publicly-traded company listed on the Nasdaq Capital Market as a result of the planned spin-off. The initial assets of Ru...
TOP Ships Inc. Announces Filing of 2024 Annual Report on Form 20-F
TOP Ships Inc. Announces Filing of 2024 Annual Report on Form 20-F ATHENS, Greece, April 15, 2025 (GLOBE NEWSWIRE) -- TOP Ships Inc. (NYSE: TOPS) (the “Company”), an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today that its annual report on Form 20-F for the year ended December 31, 2024 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “Commission”). The Annual Report may be accessed through the Company’s website, , or on the website of the Commission, About TOP Ships Inc. TOP Ships Inc. is...
Top Ships Inc. Announces Time Charter Extensions at Very Strong Rates ...
Top Ships Inc. Announces Time Charter Extensions at Very Strong Rates and Revenue of $100 Million ATHENS, Greece, July 25, 2024 (GLOBE NEWSWIRE) -- TOP Ships Inc. (NYSE: TOPS) (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that its 50% subsidiaries which own M/T Eco Yosemite Park and M/T Eco Joshua Park entered into agreements with their current charterers to extend their time charter employment at higher rates. Specifically, both MRs will commence 7-year time charters on August 1, 2024 at a gross daily hire rate of $1...
TOP Ships Inc. Announces Commencement of Time Charter at Very Strong R...
TOP Ships Inc. Announces Commencement of Time Charter at Very Strong Rate an Increase of 36% Over Previous Time Charter ATHENS, Greece, May 02, 2024 (GLOBE NEWSWIRE) -- TOP Ships Inc. (NYSE: TOPS) (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that it has commenced its previously announced time charter employment contract with a high-quality counterparty for its product/chemical tanker M/T Eco Marina Del Rey. The new time charter will have a firm duration of 3 years with an additional year at the charterer’s option. ...
TOP Ships Inc. Announces Transfer of Listing to the NYSE American LLC
TOP Ships Inc. Announces Transfer of Listing to the NYSE American LLC ATHENS, Greece, April 11, 2024 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “Top Ships”) (NASDAQ: TOPS), an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today that it will transfer the listing of its common shares from the Nasdaq Capital Market (“Nasdaq”) to the NYSE American LLC (“NYSE American”). The Company expects to commence trading as a NYSE American-listed company at market open on April 24, 2024 under its existing ticker symbol, “TOPS.” The Company’s shares w...
Top Ships Inc. Announces Filing of 2023 Annual Report on Form 20-F
Top Ships Inc. Announces Filing of 2023 Annual Report on Form 20-F ATHENS, Greece, April 01, 2024 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that its annual report on Form 20-F for the year ended December 31, 2023 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “Commission”). The Annual Report may be accessed through the Company’s website, , or on the website of the Commission, About TOP Ships Inc. TOP Ships Inc. is an international own...
TOP Ships Inc. Announces Vessel Refinancings and Full Redemption of Se...
TOP Ships Inc. Announces Vessel Refinancings and Full Redemption of Series F Perpetual Preferred Shares Held by Related Party ATHENS, Greece, Feb. 07, 2024 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “Top Ships”) (NASDAQ:TOPS), an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today that it has entered into five sale and leaseback financing agreements (the “Financing Agreements”) with three major Chinese financiers for the refinancing of two 157,000 dwt Suezmax tankers, the M/Ts Eco West Coast and Eco Malibu (already concluded), two 300...
TOP Ships Announces Share Repurchase Program
TOP Ships Announces Share Repurchase Program ATHENS, Greece, Dec. 14, 2023 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “Top Ships”) (NASDAQ:TOPS), an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today a share repurchase program. The Company’s Board of Directors (the “Board”) today authorized a share repurchase program under which the Company may repurchase up to $4 million of its outstanding common shares, representing approximately 5.2% of the Company’s market capitalization as of December 13, 2023, for a period of three months (the...
Top Ships Announces Increase From Previously Announced Management Esti...
Top Ships Announces Increase From Previously Announced Management Estimate of Net Asset Value to $344 Million and Contracted Revenue Backlog of $400 Million ATHENS, Greece, Dec. 12, 2023 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “Top Ships”) (NASDAQ:TOPS), an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today that after taking into account the most recent charter free vessel value estimates from a third party international broker, debt outstanding and cash, management estimates the Company’s net asset value (“NAV”) as of December 12...
TOP Ships Announces Increase in Shareholding by Pistiolis Family to 73...
TOP Ships Announces Increase in Shareholding by Pistiolis Family to 73% Via Full Conversion of Preferred Shares and Open-Market Purchases Demonstrating the CEO’S Commitment to the Company ATHENS, Greece, Dec. 07, 2023 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “Top Ships”) (NASDAQ:TOPS), an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today that it has issued 2,930,718 common shares pursuant to an exercise notice for the conversion of 100% of the Series E preferred shares held by a trust for the benefit of family members of the Compa...
TOP Ships Inc. Announces Extension of Time Charter Employment for Two ...
TOP Ships Inc. Announces Extension of Time Charter Employment for Two VLCC Tankers ATHENS, Greece, Nov. 22, 2023 (GLOBE NEWSWIRE) -- TOP Ships Inc. (NASDAQ: TOPS) (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that it has agreed to extend the time charter employment contracts of its two VLCC vessels, M/T Julius Caesar and M/T Legio X Equestris, at an increased rate. Specifically, the firm period will be extended for approximately 3 years at a daily rate of $41,500 per vessel with two additional years at the charterer’s ...
Top Ships Inc. Announces Compliance with NASDAQ Minimum Bid Price Requ...
Top Ships Inc. Announces Compliance with NASDAQ Minimum Bid Price Requirement ATHENS, Greece, Oct. 16, 2023 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that NASDAQ notified the Company that it has regained compliance with the minimum bid price requirement for the Nasdaq Capital Market, set forth in Nasdaq Listing Rule 5550(a)(2). About TOP Ships Inc. TOP Ships Inc. is an international owner and operator of modern, fuel efficient eco tanker vessels focusing on the transportation of...
TOP Ships Announces Reverse Stock Split
TOP Ships Announces Reverse Stock Split ATHENS, Greece, Sept. 28, 2023 (GLOBE NEWSWIRE) -- TOP Ships Inc. (NASDAQ: TOPS) (the “Company”), announced today that it has determined to effect a 1-for-12 reverse stock split of the Company’s issued common shares. The Company’s shareholders approved the reverse stock split and granted the Board the authority to determine the exact split ratio and when to proceed with the reverse stock split at the Company’s Annual Meeting of Shareholders held on September 5, 2022. The reverse stock split is expected to take effect, and the Company’s common stock...
TOP Ships Announces Management Estimate of Net Asset Value of $285 Mil...
TOP Ships Announces Management Estimate of Net Asset Value of $285 Million, Net Asset Value per Share of $14.02 and Diluted Net Asset Value per Share of $4.97 ATHENS, Greece, Aug. 04, 2023 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “Top Ships”) (NASDAQ:TOPS), an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today that following the release of the Company’s financial results for the period ended June 30, 2023 the management estimates the company’s Net Asset Value (“NAV”), as of June 30, 2023 to be $285.3 million. This translates into ...
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