Pistiolis doubles down at GSI with four more MRs

AI Summary

Top Ships, led by Evangelos Pistiolis, is adding four MR product tanker newbuildings at Guangzhou Shipyard International. The acquisition brings the company’s newbuilding pipeline in the segment to 14 vessels, with the eco, scrubber-fitted, Ice Class 1A ships scheduled for delivery between undisclosed dates.

Evangelos Pistiolis-led Top Ships is adding another four MR tanker newbuildings at Guangzhou Shipyard International, lifting its newbuilding pipeline in the segment to 14 ships. The New York-listed Greek owner has agreed to acquire four related-party special purpose companies holding contracts for 50,000 dwt eco, scrubber-fitted, Ice Class 1A product tankers scheduled for delivery between …