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Top Ships Inc

 
Hoover's Profile: TOP Ships Inc.
(NASDAQ (GS):TOPS)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
TOP Ships Inc.
1, Vassilissis Sofias St. & Meg., Alexandrou Street, Maroussi
115 24 Athens, Greece
Tel. +30-210-81-28-107

Type: Public
On the web: http://www.topships.org
Employees: 4
Employee growth: (95.8%)

TOP Ships (formerly TOP Tankers) is looking to rise through the ranks of the world's shipping companies. Operating a fleet of about a dozen double-hull tankers, including both Handymax and Suezmax vessels, TOP Ships transports refined petroleum products and crude oil on long- and short-term charters for oil companies and oil traders. Its tanker fleet has an overall carrying capacity of about 1 million deadweight tons (DWT). The company also operates about half a dozen dry bulk carriers, which are used to carry cargo such as coal, grain, and iron ore and have an overall capacity of about 325,000 DWT.

Key numbers for fiscal year ending December, 2008:
Sales: $257.4M
One year growth: 2.0%
Net income: $25.6M

Officers:
President, CEO, and Director: Evangelos J. Pistiolis
CFO: Marine Shipping

Competitors:
Frontline
Teekay
Tsakos Energy Navigation

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