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Top Ships Inc.
Company typePublic company
FoundedJanuary 1999; 25 years ago (1999-01)
Founders
  • Evangelos J. Pistiolis
  • Alexandros Tsirikos
HeadquartersMaroussi, Greece
Key people
Konstantinos Karelas,
Paolo Javarone,
Stavros Emmanouil
ServicesMaritime Transportation Operator
RevenueIncrease US$2.067 billion (2023)
Decrease US$−842 million (2023)
Number of employees
5,884 (2023)
Websitehttps://www.topships.org
Footnotes / references
Financials as of January 31, 2023[1]

Top Ships Inc. is a supply chain maritime transportation (or ocean transportation) operations management company responsible for seaborne trade of raw materials.[2][3] The company was founded by Evangelos J. Pistiolis on January 10, 2000 and is headquartered in Maroussi, Greece.[4]

The company's medium range tanker vessels transport crude oil, petroleum products, and bulk liquid chemicals. It allows corporate users to transport large quantities of unrefined crude oil from its point of extraction to refineries, petroleum products such as gasoline, diesel fuel, or petrochemical products from the refineries. Top Ships services offers maritime transport for managing and operating large and diversified fleets of ocean freight ships ranging from product tanker fleets, chemical tanker fleets, crude oil tanker (or petroleum tanker) fleets, and Very Large Crude Carrier (VLCC) fleet vessels. [5]

History

In 1994, Evangelos J. Pistiolis received a bachelor's degree in mechanical engineering from the Technical University of Munich. From 1994 to 1995, Evangelos worked at Howe Robinson & Co. Ltd., a London shipbroker specializing in drybulk container vessels. While studying at the Southampton Institute of Higher Education, Pistolis oversaw the daily operations of Compass United Maritime Container Vessels, a ship management company located in Greece. Evangelos J. Pistiolis graduated from Southampton Institute of Higher Education with a degree in shipping operations in 1999.

In January 1999, Top Ships Inc. was founded by the company CEO, Evanelos J. Pistiolis in Maroussi, Greece. The company's initial public offering raised $3.4 billion in January 2020.

In November 2008, the company appointed a former United Kingdom (UK) Chartered Accountant (ACA) executive Alexandros Tsirikos on the Executive Director Board of Directors for Top Ships. Alexandros Tsirikos is the Chief Financial Officer and has been employed with Top Ships since early July 2007.

On December 27, 2013, the company stock adjusted close price of TOPS was $3,008,879,919,104.00.[6]

References

  1. ^ "US SEC: Form 10-K Top Ships, Inc". U.S. Securities and Exchange Commission. March 29, 2023.
  2. ^ Eckert, Adam. "What's Going On With TOP Ships Stock? - TOP Ships (NASDAQ:TOPS)". Benzinga. Retrieved December 3, 2023.
  3. ^ "TOP Ships Announces Management Estimate of Net Asset Value of $285 Million, Net Asset Value per Share of $14.02 and Diluted Net Asset Value per Share of $4.97". Yahoo Finance. August 4, 2023. Retrieved December 3, 2023.
  4. ^ @marketwirenews. "TOPS - Top Ships stock price is soaring but dilution risks remain". Market Wire News. Retrieved December 3, 2023.
  5. ^ "Top Ships Inc. (NASDAQ:TOPS) About To Shift From Loss To Profit". Nasdaq. January 11, 2022. Retrieved December 3, 2023.
  6. ^ "TOP Ships' (TOPS) Highest Price: $3008879919104.00 (on 12-27-2013)". Netcials. Retrieved December 3, 2023.
  • Official website
  • Business data for Top Ships Inc.:
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