Top Ships Inc. shares rise 1.69% premarket after a drone and speedboat attack off Yemen killed four seafarers on a Greek-operated bulk carrier.

Top Ships Inc. rose 1.69% in premarket trading. The increase in stock price may be attributed to the recent drone and speedboat attack off Yemen, which killed four seafarers on a Liberian-flagged, Greek-operated bulk carrier. This incident highlights the ongoing tensions in the Red Sea, a key waterway for oil and commodities, and could potentially increase demand for shipping services as traffic in the region remains disrupted.