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Alpha
Points
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Leveraged Tokens
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Futures
Futures
Hundreds of contracts settled in USDT or BTC
Options
HOT
Trade European-style vanilla options
Unified Account
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Demo Trading
Futures Kickoff
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CandyDrop
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Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
NEW
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
NEW
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
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Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
NEW
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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20 USDT
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Top Ships Inc. Secures Three-Year Extension for Modern MR Tanker Fleet
Top Ships Inc. (NYSE:TOPS), a leading operator of fuel-efficient tanker vessels, has reinforced its contract portfolio by extending its time charter agreement with Weco Tankers A/S for an additional three years. The arrangement covers the company’s 50,000 deadweight ton (dwt) MR Product Tanker, M/T Eco Marina Del Ray, at a fixed daily rate of $18,250.
The extended commitment is projected to generate approximately $20.0 million in gross revenue for the Athens-based company over the contract period. This development reflects sustained market demand for modern, environmentally efficient ocean-going vessels utilized in the transportation of crude oil, petroleum products, and bulk liquid chemicals.
As an international maritime operator, Top Ships Inc. has established itself in the tanker sector through its focus on ECO-class vessels designed to optimize fuel efficiency and operational performance. The secured backlog from this extension provides revenue visibility and demonstrates the company’s competitive positioning in the global shipping market.
The agreement underscores the continuing value placed on modern, regulated tanker capacity by major industry participants seeking reliable long-term charter solutions for their commodity transport requirements.