Tsakos Energy Navigation Ltd. (NYSE: TEN) is an international shipping company specializing in the transportation of crude oil and refined petroleum products. Founded in 1993 by Nikolas P. Tsakos, the company has built a reputation for operating a modern, well-maintained fleet of double-hull tankers. Tsakos Energy Navigation is organized around both ownership and technical management of vessels, offering chartering, commercial operations and crew services under one umbrella.
The company’s fleet consists primarily of very large crude carriers (VLCCs), Suezmax and Aframax tankers, as well as medium-range (MR) and Handy product carriers. These vessels are employed under a mix of spot charters, time charters and multi-year contracts with major national oil companies and trading houses. TEN’s technical management division oversees all aspects of vessel maintenance, safety compliance and crew training, ensuring adherence to stringent international standards.
Tsakos Energy Navigation serves global oil trade routes, calling at terminals and ports across the Americas, Europe, the Middle East, West Africa and Asia-Pacific. The company’s commercial office coordinates voyage planning to optimize fuel efficiency and minimize turnaround times, while maintaining close relationships with charterers and port authorities worldwide. TEN has also worked in strategic partnerships to secure long-term employment for its vessels in key geographic markets.
Nikolas P. Tsakos continues to lead the company as President and Chief Executive Officer, supported by a team of maritime professionals with extensive experience in ship operations, finance and regulatory affairs. Under his leadership, TEN has focused on fleet modernization, environmental compliance and cost management. The company’s technical offices, located in Piraeus, Athens, London and New York, sustain its commitment to safe and efficient shipping services for clients around the world.
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