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Top Ships Enters Deal for Three ECO Scrubber-Fitted MR Tankers

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TOP Ships entered a share purchase agreement with a related party to buy the SPVs behind three shipbuilding contracts for high-specification, fuel-efficient ECO MR product tankers with scrubbers, delivered in 2029. The contracts provide about $140.6 million in potential gross revenue backlog. The net purchase price is about $7.4 million, expected to close by September 30, 2026, subject to conditions, lifting total backlog visibility to about $929 million.

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