Mergers & Acquisitions ·
TOP Ships Inc. announced on July 22, 2026, its decision to sell the M/Y Para Bellvm and exit the megayacht sector to…
TOPSTop Ships Inc.
TOP Ships Inc. announced on July 22, 2026, its decision to sell the M/Y Para Bellvm and exit the megayacht sector to redeploy capital toward its core tanker business. The company expects the sale proceeds to be a multiple of its current market capitalization. TOP Ships Inc. is an international owner and operator of fuel-efficient tanker vessels transporting crude oil, petroleum products, and bulk liquid chemicals.