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TOP Ships Signs Share Purchase Agreement For Three ECO Scrubber-Fitted MR Product Tankers, Net $7.4M Consideration After Dubai Deal Refund

Jul 29, 2026, 12:47 PMBenzinga Newsdesk

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BenzingaSep 16, 2026, 12:11 PMBenzinga Newsdesk
TOP Ships H1 EPS $0.61 Down From $1.63 YoY, Sales $25.475M Down From $43.811M YoY
TOP Ships (NASDAQ:TOPS) reported quarterly earnings of $0.61 per share. This is a 62.58 percent decrease over earnings of $1.63 per share from the same period last year. The company reported $25.475 million in sales
TOPS
BenzingaJul 29, 2026, 2:28 PMBenzinga Newsdesk
TOP Ships shares are trading lower. The company announced the acquisition of three high specification newbuilding MR tankers and potential gross revenue backlog of about $0.93 billion.
TOPS
Globenewswire IncJul 29, 2026, 12:45 PMNa
Top Ships Inc. Announces Acquisition of three High Specification Newbuilding MR Tankers and Potential Gross Revenue Backlog of about $0.93 Billion
TOP Ships Inc. has agreed to acquire three high-specification ECO MR Product Tankers under construction, with time charter employment secured from an oil major for five years plus one optional year. The acquisition costs approximately $7.4 million and is expected to close by September 30, 2026. The three vessels represent approximately $140.6 million in potential gross revenue backlog, bringing the company's total potential gross revenue backlog across its fleet to approximately $929 million.
TOPS