TOP Ships Inc. Announces Sale of the M/T IOANNIS P

ATHENS, Greece, Nov 21, 2011 (GlobeNewswire via COMTEX) - TOP Ships Inc. TOPS +1.28% , an international maritime shipping company that provides transportation services for crude oil, petroleum products, and dry bulk commodities, announced today that it has sold the M/T IOANNIS P, a 46,346 dwt tanker vessel built in 2003. The sale of the M/T IOANNIS P will result in a book gain of approximately $1.3 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.

Top Ships Inc. press release