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TOP Ships Decides To Sell M/Y Para Bellvm Yacht, Exit Megayacht Sector

Jul 22, 2026 · 08:53 AM ET· updated 1h ago

TOP Ships Inc. (the "Company" or "TOP Ships") (NYSE:TOPS), an international owner and operator of modern, fuel-efficient "ECO" tanker vessels, announced today that it has decided to sell the M/Y

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Why It Matters

TOP Ships is selling a big luxury yacht and getting out of that business entirely. This shows the company wants to focus on what it does best—running oil tanker ships—instead of spreading itself too thin.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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