Greece: TOP Ships Sells Tanker Vessel IOANNIS P

TOP Ships Inc. , 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.