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Top Ships Completes Six-Vessel Newbuilding Program

Maritime Activity Reports, Inc.

August 11, 2016

 Top Ships Inc. (TOPS) has taken delivery of the M/T Nord Valiant, a 50,000 dwt fuel efficient "ECO" MR product tanker, the final vessel under construction in the Company's fleet.

 
TOPS is an international owner and operator of modern, fuel efficient “ECO” MR tanker vessels focusing on the transportation of petroleum products.
 
Evangelos Pistiolis, President and CEO of the Company, stated, "The six vessel newbuilding program which started in 2014 is now successfully completed. Our business strategy continues to be focused on further expanding our fleet, with solid ships and solid counter-parties."
 
TOPS is incorporated in the Republic of The Marshall Islands and have been trading on NASDAQ since July 2004 under the ticker “TOPS”.
 
With the advent of fuel transition, digitalization, AI and autonomy, innovation in vessel design and operation proceeds at unprecedented speed.
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