TOP Ships Announces Delivery of Suezmax M/T Eco Bel Air

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(Image Courtesy: Top Ships)

TOP Ships Inc., an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today that it took delivery of the 157,000 dwt newbuilding Suezmax vessel M/T Eco Bel Air, constructed at the Hyundai Samho shipyard in South Korea.

Evangelos Pistiolis, the President, Chief Executive Officer and Director of the Company, said:

“The delivery of the M/T Eco Bel Air marks our comeback in the Suezmax tanker segment after almost 11 years. As of today, the total tonnage of our fleet on the water is 737,000 deadweight tonnes and our fleet has an average age of two years. The M/T Eco Bel Air is the 13th vessel of our fleet (including our two joint venture vessels) and is one of the first scrubber fitted Suezmax vessels to be delivered worldwide. With our second Suezmax vessel due to be delivered in approximately one month from now our current newbuilding program will have been successfully completed and by then we will have 14 vessels with an average age of two years and a tonnage of 896,000 deadweight tonnes, all placed under profitable long-term time charter agreements with triple-A charterers (namely 5 of our vessels will be employed by oil majors).”

(Source: NASDAQ)

Sea News, April 8