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TOP Ships Announces 3-Year Charter Extensions With Weco Tankers A/S For M/T Eco Marina Del Ray Tanker At Daily Hire Rate Of $18,250 For Expected Gross Revenue Of $20M

Benzinga Newsdesk 11 months ago

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Top Ships Inc. (the "Company" or "TOPS") (NYSE:TOPS), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that it has extended the time charter agreement with Weco Tankers

Top Ships Inc. (the "Company" or "TOPS") (NYSE:TOPS), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that it has extended the time charter agreement with Weco Tankers A/S by three years at a daily rate of $18,250 for its 50,000 dwt MR Product Tanker, M/T Eco Marina Del Ray.

The Company expects a total gross revenue backlog associated with this time charter extension of $20.0 million.

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