TEN Ltd. Announces an Up to Five-Year Charter Extension of Two DP2 Shuttle Tankers
Tsakos Energy Navigation Ltd Common Shares (TEN)
Last tsakos energy navigation ltd common shares earnings: 2/20 06:00 am
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Source: GlobeNewswire
$4.0 billion in minimum fleet revenue-backlog Tanker markets continue at record levels ATHENS, Greece, April 23, 2026 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN” or the “Company”) (NYSE: TEN) today announced the employment extension for two DP2 shuttle tankers, in direct continuation of the existing charters which commenced at delivery back in 2013, for up to five years each. These new charters are scheduled to come into effect upon expiration of the existing 15-year contracts around mid-2028 and are expected to generate gross revenues in excess of $200 million over their duration. “Since our entry into the shuttle tanker market in 2013 with these two vessels, TEN has become one of the largest operators in that segment with a proforma fleet of 16 modern vessels and growing,” stated Mr. George Saroglou, President of TEN. “TEN continues its tested policy of long partnership with major oil concerns that secure future cash flow growth, strong balance sheet and continuous dividends to reward
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News
- DIV's 6.66% Yield Masks a Decade of Eroding Payouts [Yahoo! Finance]Yahoo! Finance
- Tsakos Energy Navigation (TEN) had its "hold (c)" rating reaffirmed by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Tsakos Energy Navigation: Performing Well In Strong Markets [Seeking Alpha]Seeking Alpha
- TEN Ltd. Announces Filing of Form 20-F with the SECGlobeNewswire
- TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred SharesGlobeNewswire
TEN
Earnings
- 9/10/25 - Beat
TEN
Sec Filings
- 4/17/26 - Form 6-K
- 4/6/26 - Form 20-F
- TEN's page on the SEC website