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ATHENS, Greece, March 10, 2026 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the "Company"), 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 31, 2025 to be $289 million (including the Company's 50% Joint Venture vessel's values, debt and cash). This translates into a NAV of $58.81 per common share (based on number of common shares currently outstanding) and $45.13 per common share on a fully diluted basis (assuming exercise of
ATHENS, Greece, Feb. 23, 2026 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the "Company"), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that it has entered into an agreement with an entity affiliated with the Company's Chief Executive Officer, ("the Seller"), to acquire 100% of the issued and outstanding shares of nine Marshall Islands companies (the "SPVs"), counterparties to ship building contracts for nine very-high specification 47,499 dwt Medium Range ("MR") product/chemical oil tankers with Guangzhou Shipyard International Company Limited, scheduled for delivery during 2028 and 2029. The ship building contracts' effectiveness is subject
ATHENS, Greece, Jan. 06, 2026 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the "Company" or "TOP Ships") (NYSE:TOPS), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that it has amended the time charter agreement for its Suezmax tanker vessel M/T Eco Oceano with Central Tankers Chartering Inc. (the "Charterer"), a company affiliated with the Company's CEO, Director and major shareholder, Evangelos J. Pistiolis. The duration of the amended time charter is 5 years starting from January 1, 2026 and the time charter rate has been increased to $30,000 per day. Prior to the amendment, the duration of the time charter was until March 2037 and the time c
6-K - TOP SHIPS INC. (0001296484) (Filer)
6-K - TOP SHIPS INC. (0001296484) (Filer)
6-K - TOP SHIPS INC. (0001296484) (Filer)
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 300,000 dwt VLCC tankers, the M/Ts Julius Caesar and Legio X Equestris (already concluded) and one 50,000 dwt MR product tanker, the M/T Eco Marina Del Ray (expected to be concluded between March and May of 2024). The proceeds afte
ATHENS, Greece, Aug. 03, 2023 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the "Company"), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today its unaudited financial results for the six months ended June 30, 2023. As of and for six months ended June 30, 2023, the Company reported: Total revenues of $41.1 millionNet Income of $5.8 millionEarnings Per Share ("EPS") of $0.13 and diluted EPS of $0.10EBITDA* of $23.4 millionTotal Assets of $446.2 millionTotal Cash and Cash Equivalents including Restricted Cash of $13.6 million Mr. Evangelos J. Pistiolis, the President, Chief Executive Officer and Director of the Company, remarked: "We are delighted to
ATHENS, Greece, March 01, 2023 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the "Company"), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today its unaudited financial results for the year ended December 31, 2022. As of and for the year ended December 31, 2022, the Company reported: Total revenues of $80.7 million (43% increase from the year ended December 31, 2021)Net Income of $18.9 million (120% increase from the year ended December 31, 2021)EBITDA* of $46.6 million (100% increase from the year ended December 31, 2021)Total Assets of $469.3 million (42% increase from December 31, 2021)Total Cash and cash equivalents including Restricted Cash of $
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 will continue to trade on the Nasdaq until the market close on April 23, 2024, beginning trading on the NYSE American at market open on the next trading day without interrupti
SC 13D/A - TOP SHIPS INC. (0001296484) (Subject)
SC 13G/A - TOP SHIPS INC. (0001296484) (Subject)
SC 13D/A - TOP SHIPS INC. (0001296484) (Subject)