Top Ships said it has chartered out one of its medium-range (MR) tanker newbuildings.

The 39,000-dwt Eco Revolution (built 2016) has commenced time charter employment to BP Shipping, the company said late Monday.

The Evangelos Pistolis-led Top Ships said the Eco Revolution is the fourth of six vessels under construction in its fleet. The remaining two vessels are scheduled for delivery in the second and third quarter.

Separately,