TOP Ships announces completion of sale of M/T Eco Palm Desert

ATHENS, Greece - TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that its previously announced sale of the M/T Eco Palm Desert was concluded. The vessel was delivered to its new owner, an unaffiliated third party, and the respective loans for which the vessel was a collateral for were fully prepaid.