Top Ships Inc. Announces Acquisition of three High Specification Newbuilding MR Tankers and Potential Gross Revenue Backlog of about $0.93 Billion

🌐 Hellenic Shipping News (Greece) —

AI Summary

TOP Ships Inc. announced the acquisition of three high-specification newbuilding MR tankers through a share purchase agreement with a related party. The purchase includes shipbuilding contracts with a reputable shipbuilder and represents a potential gross revenue backlog of about $0.93 billion.

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced that it has entered into a share purchase agreement (the “SPA”) with a related party (the “Seller”) to purchase the shares of three companies (the “SPVs”), each of which is party to one shipbuilding contract with an established, world-class shipbuilder ...

Markets Deals Shipping TOP Ships Inc. acquisition MR tankers share purchase agreement shipbuilding contracts gross revenue backlog

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