Top Ships has clinched a lucrative term deal for one of its modern tankers at a much better rate than previously.

The US-listed Greek company said the 50,300-dwt MR2 Eco Marina Del Rey (built 2019) has been fixed out for three years firm, with an optional 12 months attached.

Brokers cited the rate at $20,500 per day, but the charterer is not known.

The new deal starts in the first quarter of 2024 after the expiration of the present charter.