Tanker operator Tsakos Energy Navigation (TEN) has taken delivery of an Aframax tanker, the first in a series of four advanced technology vessels.

The unit was built against long-term charter contract to a major U.S. oil concern.

The shipowner expects around USD 200 million in time-charter equivalent gross earnings over the minimum duration of the deal.

“TEN continues its tested policy of enhancing strategic relationships with major end users,” George Saroglou, Chief Operating Officer of TEN stated.

“With the charter markets moving in the right direction and with 37 vessels in the fleet with the ability to capture the rates upturn, TEN efficiently combines secured revenue generation and the ability to participate in the strong freight environment,” Saroglou concluded.

Related News

Our Services

Latest News

Vietcombank Rates

Currency Buy Transfer Sell
AUD
AUST.DOLLAR
15,601.78 15,695.96 15,962.87
EUR
EURO
25,484.75 25,561.43 26,329.13
GBP
BRITISH POUND
29,625.86 29,834.70 30,100.28
HKD
HONGKONG DOLLAR
2,921.33 2,941.92 2,985.98
JPY
JAPANESE YEN
206.54 208.63 214.68
RUB
RUSSIAN RUBLE
0.00 362.56 404.00
SGD
SINGAPORE DOLLAR
16,833.02 16,951.68 17,136.82
USD
US DOLLAR
23,140.00 23,140.00 23,260.00