Nikos Tsakos’ Tsakos Energy Navigation (TEN) secured two new long-term charters for two Very Large Crude Carrier (VLCC).
Charters that last three to five years will generate gross revenue for the shipping company of more than $ 110 million over the entire charting period excluding additional revenue that may arise from the profit sharing condition.
We are pleased to announce these charters that reflect the positive signs in the tanker markets and provide protection and significant economic benefits, commented Mr. George Saroglou, TEN spokesman.
The company added Mr. Saroglou, is looking into other charters of this kind, so that together with the tankers operating in the spot market and the receipt of the newly built liquefied natural gas carrier to take advantage of a positive market momentum.
TEN was founded in 1993 and controls a fleet of 71 ships, 8 million dwt, and has an ongoing shipbuilding program that includes an LNG carrier, a suezmax DP2 shuttle tanker and four aframax dual-fuel LNGs.
