TOP Ships

TOPS

Market cap $27.4M

ATHENS, Greece, Nov. 28, 2025 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “TOP Ships”) (NYSE American:TOPS), an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced today that it has entered into a letter of intent for the potential acquisition of certain residential real estate assets in Dubai from a company affiliated with Mr. Evangelos J. Pistiolis, the Company's President and Chief Executive Officer. Under the letter of intent, TOP Ships has been granted an exclusive right and an option to acquire all or a portion of a portfolio of assets with an estimated aggregate market value in excess of $200 million. In the Company's view, Dubai is one of the world's most attractive real estate markets, supported by strong global investor confidence, transparent regulations, and a resilient, high-growth economy.

ATHENS, Greece, Nov. 20, 2025 (GLOBE NEWSWIRE) -- 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.

ATHENS, Greece, Nov. 17, 2025 (GLOBE NEWSWIRE) -- 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 closed the previously announced sale and leaseback financing agreements (the “SLBs” or “Financing Agreements”) with a major Chinese financier for the refinancing of its two 300,000 dwt VLCC tankers, the M/Ts Julius Caesar and Legio X Equestris, its 157,000 dwt Suezmax tanker, the M/T Eco Oceano and its 50,000 dwt MR Product Tanker, the M/T Eco Marina Del Ray.

ATHENS, Greece, June 26, 2025 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “TOP Ships”) (NYSE American: TOPS), an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced today that the application of Rubico Inc. (“Rubico”), to list its common shares on the Nasdaq Capital Market has been approved. In addition, the registration statement on Form 20-F filed by Rubico in connection with its spin-off from Top Ships Inc has been declared effective by the U.S. Securities and Exchange Commission (the “SEC”).

Last week, shares of Greece-based tanker operator Top Ships Inc. rallied after the company announced the spin-off of two modern Suezmax tankers into a new company named Rubico. The transaction is likely to unlock some value for TOPS shareholders. Entering a position in Top Ships ahead of the June 16 record date could result in some decent short-term gains.

ATHENS, Greece, June 05, 2025 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “TOP Ships”) (NYSE American:TOPS), an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced today that the NYSE American (the “NYSE”) has established an ex-distribution date for the previously-announced proposed spin-off of two of its Suezmax tanker vessels.

ATHENS, Greece, June 04, 2025 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “TOP Ships”) (NYSE American: TOPS), an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced today that it intends to effect a spin-off of two of its Suezmax tanker vessels.

ATHENS, Greece, April 15, 2025 (GLOBE NEWSWIRE) -- TOP Ships Inc. (NYSE: TOPS) (the “Company”), an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today that its annual report on Form 20-F for the year ended December 31, 2024 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “Commission”). The Annual Report may be accessed through the Company's website, www.topships.org, or on the website of the Commission, www.sec.gov.

ATHENS, Greece, July 25, 2024 (GLOBE NEWSWIRE) -- TOP Ships Inc. (NYSE: TOPS) (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that its 50% subsidiaries which own M/T Eco Yosemite Park and M/T Eco Joshua Park entered into agreements with their current charterers to extend their time charter employment at higher rates.

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