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TOP SHIPS Inc. Announces Sale of the M/V Amalfi
ATHENS, GREECE – July 22, 2011 – TOP Ships Inc. (NasdaqGS: TOPSD), an international maritime shipping company that provides transportation services for crude oil, petroleum products, and dry bulk commodities, announced today that it has entered into an agreement to sell the M/V AMALFI, a 45,526 dwt drybulk vessel built in 2000. The vessel is expected to be delivered to its new owners by the end of September 2011. The sale of the M/V AMALFI will result in a book loss of approximately $29.5 million.
About TOP Ships Inc.
TOP Ships Inc. is an international maritime shipping company that provides transportation services for crude oil, petroleum products, and dry bulk commodities. For more information about TOP Ships Inc., visit its website: www.topships.org.
Top Ships Press Release
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