UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 6-K

           REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
                 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934

                          For the month of October 2006

                             Commission File Number

                                TOP TANKERS INC.
                 (Translation of registrant's name into English)

                   1, Vassilissis Sofias Meg. Alexandrou Str.
                                 151 24 Maroussi
                                     Greece

                     (Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.

Form 20-F [ X ]     Form 40-F [_]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): ___

Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)7: ___

Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [_] No [ X ]

If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): ________.





INFORMATION CONTAINED IN THIS FORM 6-K REPORT

Included in this report on Form 6-K as Exhibit 1 is the press release issued by
TOP Tankers Inc. on September 28, 2006 announcing the sale of the M/T Taintless.



                                                                       Exhibit 1
[GRAPHIC OMITTED]


NEWS RELEASE for September 28, 2006
-------------------------------------

Contact:        Michael Mason (investors)          Stamatis Tsantanis, CFO
                Allen & Caron Inc                  TOP Tankers Inc
                212 691 8087                       011 30 210 697 8199
                michaelm@allencaron.com            snt@toptankers.com


                 TOP TANKERS ANNOUNCES SALE OF THE M/T TAINTLESS

ATHENS, GREECE (September 28, 2006) ... TOP Tankers Inc (Nasdaq:TOPT), announced
today 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.

About TOP Tankers Inc
-------------------------

     TOP Tankers Inc is an  international  provider of worldwide  seaborne crude
oil  and  petroleum  products  transportation  services.  Upon  delivery  of the
Taintless  to its new owners,  the Company  will  operate a fleet of 26 tankers,
consisting  of 13  double-hull  Suezmax  tankers  and  13  double-hull  Handymax
tankers,  with a total carrying  capacity of  approximately  2.5 million dwt, of
which 85% are sister ships. Eighteen of the Company's 26 tankers will be on time
charter  contracts  with an average term of over three years with all but two of
the time charters including profit sharing agreements.

Forward Looking Statement
-------------------------

     Matters   discussed   in  this  release  may   constitute   forward-looking
statements. Forward-looking statements reflect our current views with respect to
future events and financial  performance and may include  statements  concerning
plans,  objectives,   goals,  strategies,  future  events  or  performance,  and
underlying assumptions and other statements,  which are other than statements of
historical facts.

The   forward-looking   statements  in  this  release  are  based  upon  various
assumptions,  many of which  are  based,  in  turn,  upon  further  assumptions,
including without limitation,  management's  examination of historical operating
trends,  data  contained  in our  records  and other data  available  from third
parties.  Although TOP Tankers  believes that these  assumptions were reasonable
when made,  because these  assumptions  are  inherently  subject to  significant
uncertainties and contingencies which are difficult or impossible to predict and
are beyond our control,  TOP Tankers  cannot  assure you that it will achieve or
accomplish these expectations, beliefs or projections.

                               MORE - MORE - MORE





TOP TANKERS ANNOUNCES SALE OF M/T TAINTLESS
Page 2-2-2

Important  factors  that,  in our view,  could  cause  actual  results to differ
materially from those discussed in the  forward-looking  statements  include the
strength of world economies and currencies, general market conditions, including
changes in charterhire  rates and vessel values,  failure of a seller to deliver
one or more  vessels,  failure  of a  buyer  to  accept  delivery  of a  vessel,
inability  to  procure  acquisition  financing,  changes  in demand  for oil and
petroleum products,  the effect of changes in OPEC's petroleum production levels
and worldwide  oil  consumption  and storage,  changes in demand that may affect
attitudes of time charterers,  scheduled and unscheduled drydocking,  changes in
our voyage and operating  expenses,  including  bunker prices,  dry- docking and
insurance  costs,  changes  in  governmental  rules  and  regulations  including
requirements for double-hull tankers or actions taken by regulatory authorities,
potential   liability   from   pending  or  future   litigation,   domestic  and
international political conditions,  potential disruption of shipping routes due
to accidents and political events or acts by terrorists.

     Risks and  uncertainties  are  further  described  in reports  filed by TOP
Tankers with the US Securities and Exchange Commission.

                                     # # # #




                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.


                                      TOP TANKERS INC.


Dated: October 17, 2006               By   /s/ Stamatis N. Tsantanis
                                          ----------------------------------
                                           Name: Stamatis N. Tsantanis
                                           Title:   Chief Financial Officer





SK 23116 0001 711770