TOP Ships agrees to sell stake in newbuilding MR tanker project for about $6.5 million
TOPS•Closing targeted for Sept. 30, 2026
The companies are targeting closing by Sept. 30, 2026, subject to customary conditions.
Top Ships to sell SPV tied to tanker newbuilding contract
TOP Ships agreed to sell an SPV tied to a shipbuilding contract for a 47,499 dwt chemical/product tanker due in Q2 2029.
The sale is to related party Rubico and is valued at about $6.5 million, payable in full at closing.
