25
Tue, Nov

Top Ships locks in three-year charter for MR tanker in $20m deal | Hellenic shipping news

Top Ships locks in three-year charter for MR tanker in $20m deal | Hellenic shipping news

Hellenic Shipping News

Greece’s tanker shipowner Top Ships has extended the time charter agreement with Weco Tankers A/S by three years for its 50,000-dwt MR product tanker, Eco Marina Del Ray.

In a securities

Greece’s tanker shipowner Top Ships has extended the time charter agreement with Weco Tankers A/S by three years for its 50,000-dwt MR product tanker, Eco Marina Del Ray.

In a securities and exchange commission filing, the New York-listed Top Ships said the new charter is fixed at a daily rate of $18,250.

The Evangelos J. Pistiolis-led company expects a total gross revenue backlog associated with this time charter extension of $20.0m.

Alongside the charter news, Top Ships has announced the completion of sale and leaseback financing agreements with a major Chinese financier for the refinancing of four of its vessels, including two very large crude carriers (VLCCs), a suezmax and MR product tanker.

The agreements involve the two 300,000-dwt VLCC tankers, the Julius Caesar and Legio X Equestris, its 157,000-dwt suezmax tanker, the Eco Oceano, and its 50,000-dwt MR product tanker, the Eco Marina Del Ray.

Top Ships said the gross

Content Original Link:

Read full article from Original Source TELEGRAPH HELLENIC SHIPPING

" target="_blank">

Read full article from Original Source TELEGRAPH HELLENIC SHIPPING

SILVER ADVERTISERS

BRONZE ADVERTISERS

Infomarine banners

Advertise in Maritime Directory

Publishers

Publishers