Top Ships has taken delivery of a VLCC and made a slew of deals to help pay for it.

The Evangelos Pistiolis-backed company said that it sold the 50,267-dwt product carriers Eco Los Angeles and Eco City of Angels (both built 2020) to unaffiliated third parties, netting proceeds of $17.5m after paying off the debt on the ships.

TradeWinds reported in October