Top Ships announces extension of Time Charter for its MR Tanker

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Top Ships Inc., an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced 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.