TOP Ships Inc., an international maritime shipping company that provides transportation services for crude oil, petroleum products, and dry bulk commodities, announced that it has taken repossession of the M/T “TYRRHENIAN WAVE” from the previous Charterer and delivered the vessel to a major Charterer under a new bareboat charter for a minimum period of seven (7) years with three successive one-year options at a daily rate of US$ 9,000.
Top Ships Inc. is examining its options, including discussing a commercial solution with the previous Charterer, in order to recover the amounts due.
[mappress]
Source: TOPShips, May 26, 2011