Tsakos Energy Navigation traverses fifth market storm since founding and is optimistic on LNG and oil
Tsakos Energy Navigation (TEN) Ltd, the Greek-owned shipping line with over 70 vessels in operation or ordered including LNG vessels and various classes of oil tankers from Aframax to Panamax and Very Large Crude Carriers, has given an overview of the market since the start of the Russian conflict in Ukraine.
Greek fleet owner Tsakos Energy Navigation ordered dual-fuel LNG-powered vessels after tough first half
Tsakos Energy Navigation (TEN), the Greek shipping company with a small LNG fleet of three vessels, has ordered four LNG-powered Aframaz tankers from a South Korean shipyard as first-half earnings resulted in a loss.
Tsakos carrier charters
March 18 (LNGJ) - Tsakos Energy Navigation, the Greek shipping company, has agreed charters for its two LNG carriers. Tsakos said that it signed deals for the “Neo Energy” and the “Maria Energy” for an aggregate period of 36 months. The revenues are expected to be in the region of $60 million. “With two vessels fixed on accretive medium-term charters, the company is examining further expansion in the sector,” said Chief Operating Office George Saroglou. The company’s diversified energy fleet currently consists of 48 vessels trading in crude, 15 in products, three are shuttle tankers and two are LNG carriers.
