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.
