September 16, 2026 Press Room · Tankers

Top Ships spin-off says next phase ‘being built’ as product tanker fleet expands

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

Nasdaq-listed Rubico’s results hit by dry-dockings

Rubico chief executive Kalliopi Ornithopoulou.
Rubico chief executive Kalliopi Ornithopoulou.Photo: LinkedIn

Key takeaways

  • Nasdaq-listed Rubico’s results hit by dry-dockings
  • Evangelos Pistiolis-controlled shipowner Rubico is banking on new tankers to drive its next phase of growth.
  • The Nasdaq-listed spin-off from its main shareholder’s Top Ships operation logged a first-half loss of $1.1m, on revenue of $9.7m.
  • The owner of two modern suezmaxes was formed in 2025.
Reading time: 1 min

Evangelos Pistiolis-controlled shipowner Rubico is banking on new tankers to drive its next phase of growth.

The Nasdaq-listed spin-off from its main shareholder’s Top Ships operation logged a first-half loss of $1.1m, on revenue of $9.7m.

The owner of two modern suezmaxes was formed in 2025.