S&P Market Stays Active: Torm, Top, Excel, Ghandour & Haji-Ioannou

As rumors circulate about Top Tanker’s intentions to purchase Nomikos’ dry bulk fleet, the company announced that its tanker fleet is now officially 100% double hull with the sale of its final single hull tanker, the 29,998 dwt 1989-built M/T Yapi. Speculation has arisen that the company may also consider a third equity issuance to raise cash for its Nomikos acquisition, but no announcements have been made.

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