Tsakos Energy Navigation Limited, a leading product, crude and LNG tanker operator today announced the successful delivery of its second fully coated DP2 suezmax shuttle product tanker, Brasil 2014, from South Korea. The Brasil 2014 is a sister vessel to the Rio 2016 that was delivered in March. Both vessels are being deployed on 15-year [...]
Tsakos Energy Navigation Limited yesterday announced a three-year time charter extension for the 2007 built, 163,216 dwt, double hull suezmax tanker, Arctic, with the same charterer, a South American state oil company. The charter incorporates minimum and maximum levels and a 50:50 profit split for rates in between. The minimum gross revenues from this fixture [...]
Tsakos Energy Navigation Limited on Friday announced a two-year time charter extension for the 2008 built, 105,392 dwt, double hull aframax tanker, Nippon Princess, with the same charterer, a state oil company. The new charter commenced in July 2012. The gross revenues from the extension of this charter are expected to be approximately $14.5 million [...]
Tsakos Energy Navigation Limited today announced three and five year charters for two of its modern handysize product tankers to a major end-user. These vessels currently under pooling arrangements will commence within April/May and are expected to generate gross revenues of approximately $42 million over the duration of their respective contracts. Concurrently with the above, [...]
Tsakos Energy Navigation Limited announces time charters of four of its Suezmaxes, three of its Panamaxes and one of its Aframaxes to first class international end users. Four of the vessels have been fixed on a minimum with profit-sharing arrangements, while the other four have been chartered on fixed rates. These charters range in [...]
Tsakos Energy Navigation Ltd. today announced the charter of the 105,000 dwt, DNA design Aframax tanker, Maria Princess to a major Chinese oil concern for a twelve month period. This charter comes in line with the Company’s pre-stated policy in exploring opportunities in the wider Chinese energy market. “The growth of oil consumption in [...]
Tsakos Energy Navigation Ltd. (TEN) today announced a four year time charter for the 2007-built 150,000 m(3) LNG carrier Neo Energy to a major international energy concern. The charter is expected to commence in the first quarter of next year upon expiration of the vessel’s existing employment. This new charter, in line with current [...]