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TOP Ships agrees takeover of Pistiolis tanker newbuilds

  • Tankers will come with charters for up to 11 years worth a potential $679m if all options are exercised
  • Deal is contingent on finalising sale-leasebacks with two Chinese lessors
  • Central Mare can choose to take balance of purchase price in shares

Nasdaq-listed owner to purchase nine MR2s recently booked in China by shipowner’s private company Central Mare

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