TOP Ships Secures Profitable Charter Contract
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TOP Ships Secures Profitable Charter Contract

Top Ships (TOPS) has released an update.

TOP Ships Inc., a modern eco tanker vessel operator, has kicked off a lucrative 3-year time charter contract for their tanker M/T Eco Marina Del Rey, which will generate a revenue backlog of around $22.4 million, potentially rising to $30.7 million with an extension. This deal marks a significant 36% increase in revenue over their previous charter rates, highlighting the company’s upward trajectory in the shipping industry.

For further insights into TOPS stock, check out TipRanks’ Stock Analysis page.

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