Top Ships sets sail on megayachts with profits

Tοp Ships enjoys the results of its opening, successful the yacht sector.

The institution is owned by Evangelos Pistiolis, which manages a fleet of 8 tankers.

In April, the institution delivered the megayacht “Para Bellvm” (500 gross tonnage, built successful 2023) worth 20 cardinal dollars, while it besides acquired a caller megayacht of 1,150 gross tonnage, under operation and owed for transportation successful 2027. “Para Bellvm” contributed 600,000 dollars successful gross successful the archetypal fractional of the year.

Overall, the New York-listed shipping institution reported nett income of 7.6 cardinal dollars successful the archetypal half, up from 1.9 cardinal successful the aforesaid play past year.

Revenue roseate to 43.8 cardinal dollars from 42 cardinal dollars successful the aforesaid play past year.
“We mean to proceed to reappraisal the marketplace to place imaginable value-adding acquisition targets,” the institution said.