TOP Ships to buy three 2029-delivery MR tanker newbuildings for $7.4 million - TOPS News | RalliesTOP Ships to buy three 2029-delivery MR tanker newbuildings for $7.4 million
T
TOPS• TOP Ships to buy three 2029-delivery MR tanker newbuildings
- TOP Ships entered an SPA to buy three SPVs tied to 2029 deliveries of high-spec, ECO, scrubber-fitted MR product tankers.
- Net purchase price set at USD 7.4 million, reflecting a USD 23.5 million refund from a cancelled Dubai real estate deal.
- Each vessel secured a five-year time charter with an oil major, with a one-year extension option; potential backlog about USD 140.6 million.
- Deal expected to close by Sept. 30, 2026; total potential gross revenue backlog, including options, put at about USD 929 million.
BLX
•
