ATHENS, Greece, Jan. 26, 2011 (GLOBE NEWSWIRE) -- TOP Ships Inc. (Nasdaq:TOPS), an international provider of worldwide seaborne crude oil, petroleum products, and drybulk transportation services, announced today that it has received from the bareboat charterer of the M/T's "IONIAN WAVE" and "TYRRHENIAN WAVE" a reduced charter hire rate of $9,092 per day, rather than the already reduced $10,000 per day on a bareboat basis that it had been receiving for the last year as previously announced.
TOP Ships Inc. Announces Development Related To The Charters Of The "IONIAN WAVE" And "TYRRHENIAN WAVE"
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.