Nasdaq-listed Top Ships continues to scour the market for secondhand deals after selling an MR tanker to refinance a loan.

The Greek tanker company said in its interim results statement: “We intend to continue to review the market in order to identify potential acquisition targets on accretive terms.”

Top Ships also revealed it has agreed a deal with a “major Chinese leasing company” for the refinancing of a facility provided by charterer Cargill for the 50,000-dwt Eco Marina Del Ray (built 2019).