Top Ships Inc. Closes Acquisition of Three Newbuilding MR Product Tankers

Key Facts

1Top Ships Inc. announced the closing of a share purchase agreement to acquire three high-specification MR product tankers scheduled for delivery in 2029.

2The vessels have secured five-year time charter employment with an oil major, commencing upon their respective deliveries.

Top Ships Inc. announced the closing of a share purchase agreement to acquire three high-specification MR product tankers scheduled for delivery in 2029. GlobeNewswire reported that the company finalized the acquisition of these ECO, scrubber-fitted vessels to expand its fleet of modern, fuel-efficient tankers.

The vessels have secured five-year time charter employment with an unnamed oil major, commencing upon their respective deliveries. Regarding market performance, TOPS closed at $0.6233 on September 29, 2026, having traded between a day low of $0.608 and a high of $0.677 during that session.