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TOP Tankers Announces Sale of the M/T Taintless

Maritime Activity Reports, Inc.

September 28, 2006

TOP Tankers Inc announced the sale of Taintless, a 46,217 Dwt, double-hull Handymax tanker built in 1999. The sale will result in a book profit of approximately $4 million, which will be recognized in the 4th quarter of 2006. The vessel is expected to be delivered to its new owners within the next 60 days.
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