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Tsakos Energy Navigation Limited (TNP)

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9.21-0.06 (-0.65%)
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  • TEN, Ltd. Announces Availability of Form 20-F for the Year Ended December 31, 2020
    GlobeNewswire

    TEN, Ltd. Announces Availability of Form 20-F for the Year Ended December 31, 2020

    ATHENS, Greece, April 16, 2021 (GLOBE NEWSWIRE) -- TEN, Ltd. (“TEN” or the “Company”) (NYSE:TNP) today announced that its Annual Report on Form 20-F for the year ended December 31, 2020 has been filed with the Securities and Exchange Commission and can be accessed on the Company's website. Shareholders may also request a hard copy of the complete audited financial statements, free of charge, by clicking on the annual report prompt under the Contact Us section of the Company’s website, http://www.tenn.gr. Alternatively, shareholders may request a hard copy of the complete audited financial statements, free of charge, by contacting the Company’s Investor Relations Advisor at: Capital Link Inc.230 Park Avenue, Suite 1536New York, NY 10169 USATel: (+) 1 212 661 7566ten@capitallink.com The Annual Report, other reports and other information regarding the Company are also available without charge at a website maintained by the U.S. Securities and Exchange Commission at http://www.sec.gov. ABOUT TSAKOS ENERGY NAVIGATIONTEN, founded in 1993 and celebrating this year 28 years as a public Company, is one of the first and most established public shipping companies in the world. TEN’s diversified energy fleet currently consists of 68 double-hull vessels, including one LNG carrier and one suezmax DP2 shuttle tanker under construction, constituting a mix of crude tankers, product tankers and LNG carriers, totaling 7.5 million dwt. ABOUT FORWARD-LOOKING STATEMENTS Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. TEN undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. For further information, please contact: CompanyTsakos Energy Navigation Ltd.George Saroglou COO+30210 94 07 710gsaroglou@tenn.gr Investor Relations / Media Capital Link, Inc. Nicolas BornozisMarkella Kara +212 661 7566ten@capitallink.com

  • TEN Ltd Announces 24-Month Charter for Four Panamax Tankers
    GlobeNewswire

    TEN Ltd Announces 24-Month Charter for Four Panamax Tankers

    $40.0 million in minimum gross revenues Strong industry fundamentals ATHENS, Greece, April 16, 2021 (GLOBE NEWSWIRE) -- TEN, Ltd (“TEN” or the “Company”) (NYSE:TNP) today announced 24-month charters with profit sharing provisions for four LR1 product tankers to an oil concern. The combined minimum revenues from these contracts are expected to be around $40.0 million, excluding any additional revenue that may be generated from profit-sharing. “These charters highlight our policy of flexible long-term contracts with first-class counterparties that on the one hand provide cash flow security while on the other preserve the Company’s ability to capture market upturns in strong freight environments,” Mr. George Saroglou, COO of TEN commented. “These contracts are a reflection of strong industry fundamentals as world economies restart and mirror the ones currently in evidence in the container and dry bulk sectors,” Mr. Saroglou concluded. ABOUT TSAKOS ENERGY NAVIGATION TEN, founded in 1993 and celebrating this year 28 years as a public Company, is one of the first and most established public shipping companies in the world. TEN’s diversified energy fleet currently consists of 68 double-hull vessels, including one LNG carrier and one suezmax DP2 shuttle tanker under construction, constituting a mix of crude tankers, product tankers and LNG carriers, totaling 7.5 million dwt. ABOUT FORWARD-LOOKING STATEMENTSExcept for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. TEN undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. For further information, please contact: Company Tsakos Energy Navigation Ltd.George Saroglou COO +30210 94 07 710 gsaroglou@tenn.gr Investor Relations / Media Capital Link, Inc. Nicolas Bornozis Markella Kara +212 661 7566 ten@capitallink.com

  • TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares
    GlobeNewswire

    TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares

    ATHENS, Greece, April 07, 2021 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TNP) (the “Company”), a leading diversified crude, product, and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of approximately $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares (the “Series F Preferred Shares”; NYSE: TNPPRF). Each dividend of the Series F Preferred Shares is for the period from the most recent dividend payment date on January 30, 2021 through April 29, 2021. The dividend on the Series F Preferred Shares will be paid on April 30, 2021 to all holders of record of Series F Preferred Shares as of April 27, 2021. Dividends on the Series F Preferred Shares are payable quarterly in arrears on the 30th day (unless the 30th falls on a weekend or public holiday, in which case the payment date is moved to the next business day) of January, April, July and October of each year, when, as and if declared by TEN’s board of directors. This is the 11th dividend on the Series F since their commencement of trading on the New York Stock Exchange. TEN has 6,000,000 Series F Preferred Shares outstanding as of the date of this press release. ABOUT TSAKOS ENERGY NAVIGATION TEN, founded in 1993 and celebrating this year 28 years as a public company, is one of the first and most established public shipping companies in the world. TEN’s diversified energy fleet currently consists of 68 double-hull vessels, including one LNG carrier and one suezmax DP2 shuttle tanker under construction, constituting a mix of crude tankers, product tankers and LNG carriers, totalling 7.6 million dwt. ABOUT FORWARD-LOOKING STATEMENTS Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. TEN undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. For further information, please contact : Company Tsakos Energy Navigation Ltd. George Saroglou COO +30210 94 07 710 gsaroglou@tenn.gr Investor Relations / Media Capital Link, Inc. Nicolas Bornozis Markella Kara +212 661 7566 ten@capitallink.com