Top Ships

Last updated

Top Ships Inc.
Company type Public company
FoundedJanuary 1999;26 years ago (1999-01)
Founders
  • Evangelos J. Pistiolis
  • Alexandros Tsirikos
Headquarters Maroussi, Greece
Key people
Konstantinos Karelas,
Paolo Javarone,
Stavros Emmanouil
ServicesMaritime Transportation Operator
RevenueIncrease2.svg US$2.067 billion (2023)
Decrease2.svgUS$−842 million (2023)
Number of employees
5,884 (2023)
Website https://www.topships.org
Footnotes /references
Financials as of January 31,2023 [1]

Top Ships Inc. is a supply chain maritime transportation (or ocean transportation) operations management company responsible for seaborne trade of raw materials. [2] [3] The company was founded by Evangelos J. Pistiolis on January 10, 2000 and is headquartered in Maroussi, Greece. [4]

Contents

The company's medium range tanker vessels transport crude oil, petroleum products, and bulk liquid chemicals. It allows corporate users to transport large quantities of unrefined crude oil from its point of extraction to refineries, petroleum products such as gasoline, diesel fuel, or petrochemical products from the refineries. Top Ships services offers maritime transport for managing and operating large and diversified fleets of ocean freight ships ranging from product tanker fleets, chemical tanker fleets, crude oil tanker (or petroleum tanker) fleets, and Very Large Crude Carrier (VLCC) fleet vessels. [5]

History

Top Ships Inc. was founded In January 1999 by the company CEO, Evangelos J. Pistiolis, in Maroussi, Greece. The company's initial public offering raised $3.4 billion in January 2020..

In November 2008, the company appointed a former United Kingdom (UK) Chartered Accountant (ACA) executive Alexandros Tsirikos on the Executive Director Board of Directors for Top Ships. Alexandros Tsirikos is the Chief Financial Officer and has been employed with Top Ships since early July 2007.

References

  1. ↑ "US SEC: Form 10-K Top Ships, Inc". U.S. Securities and Exchange Commission. March 29, 2023.
  2. ↑ Eckert, Adam. "What's Going On With TOP Ships Stock? - TOP Ships (NASDAQ:TOPS)". Benzinga. Retrieved December 3, 2023.
  3. ↑ "TOP Ships Announces Management Estimate of Net Asset Value of $285 Million, Net Asset Value per Share of $14.02 and Diluted Net Asset Value per Share of $4.97". Yahoo Finance. August 4, 2023. Retrieved December 3, 2023.
  4. ↑ @marketwirenews. "TOPS - Top Ships stock price is soaring but dilution risks remain". Market Wire News. Retrieved December 3, 2023.
  5. ↑ "Top Ships Inc. (NASDAQ:TOPS) About To Shift From Loss To Profit". Nasdaq. January 11, 2022. Retrieved December 3, 2023.


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