TOP Ships Inc - Company Profile
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TOP Ships Inc (Top Ships) is an international owner and operator of modern, fuel-efficient eco tanker vessels. The company owns and operates eco medium-range (MR) tanker vessels focusing on the transportation of bulk liquid chemicals, petroleum products, and crude oil. Top Ship's fleet consists of M/T Marina Del Rey, M/T Eco Oceano CA, Eco Yosemite Park, Eco West Coast, Eco Malibu, Eco Bel Air, Eco Beverly Hills, Julius Caesar and Legio X Equestris. Its fleet includes product/chemical tankers and crude oil tankers, such as Suezmax and VLCC vessels. Top Ships serves a range of customers, including national, regional, and international oil companies, charterers, and traders. Top Ships is headquartered in Paiania Athens, Attica, Greece.
Headquarters
Greece
Address
20 Iouliou Kaisara Str, Paiania Athens, Attica, 19002
Website
www.topships.org
Telephone
30 21 08128000
Industry
Transport and Logistics
Ticker Symbol & Exchange
TOPS (AFM)
Revenue (2024)
$80.4M
-6.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-38.7%
(2024 vs 2023)
Market Cap*
$10.9M
Net Profit Margin (2024)
XYZ
-34.3%
(2024 vs 2023)
* As of and is in US$
TOP Ships Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Seaborne Transportation |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In February, the company signed an agreement to acquire 100% of the issued and outstanding shares in nine Marshall Islands companies. |
| 2025 | Contracts/Agreements | In December, the company entered into a sale agreement with Rubico Inc. to sell a vessel-owning company that is party to a shipbuilding contract for the newbuilding mega yacht M/Y Sanlorenzo 1150Exp. |
| 2025 | Asset Disposal | In June, the company announced its plans to spin off two Suezmax tankers into Rubico Inc. |
Competitor Comparison
| Key Parameters | TOP Ships Inc | MISC Bhd | Frontline Plc | Teekay Corp Ltd | International Seaways Inc |
|---|---|---|---|---|---|
| Headquarters | Greece | Malaysia | Cyprus | Bermuda | United States of America |
| City | Paiania Athens | Kuala Lumpur | Limassol | Hamilton | New York City |
| State/Province | Attica | Kuala Lumpur (Federal Territory of) | - | - | New York |
| No. of Employees | - | 2,676 | 87 | 1,800 | 2,763 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Evangelos J. Pistiolis | Chief Executive Officer; Director; President | Executive Board | 2004 | 53 |
| Alexandros Tsirikos | Chief Financial Officer; Director | Executive Board | 2009 | 51 |
| Konstantinos Karelas | Director | Non Executive Board | 2014 | 52 |
| Paolo Javarone | Director | Non Executive Board | 2014 | 53 |
| Maria Zoupou | Director | Non Executive Board | 2025 | 50 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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