September 16, 2026 Press Room · Tankers

Top Ships buys three tanker newbuildings from boss Pistiolis as backlog nears $1bn

Originally published by
TradeWinds
By
Gary Dixon
Location
London
Section
Tankers
Publication date
6 August 2026

Greek owner acquiring MRs ordered by major shareholder earlier this year

Evangelos Pistiolis controls Top Ships.
Evangelos Pistiolis controls Top Ships.Photo: Central Group

Key takeaways

  • Greek owner acquiring MRs ordered by major shareholder earlier this year
  • New York-listed Top Ships has struck a deal to add more product tanker newbuildings in a move that boosts its revenue backlog to $930m.
  • The Greek company said it is buying the three MR vessels ordered in South Korea in June by major shareholder and chief executive Evangelos Pistiolis.
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New York-listed Top Ships has struck a deal to add more product tanker newbuildings in a move that boosts its revenue backlog to $930m.

The Greek company said it is buying the three MR vessels ordered in South Korea in June by major shareholder and chief executive Evangelos Pistiolis.