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-0.00710948608572012 -0.00345317895592122 -0.00589071704245377 -0.00670322973796462 -0.00345317895592122 -0.00385943530367672 0.00426569165143207 -0.000203128173877821
Stock impact report

TEN Ltd. Announces the Sale of A 2007-Built Aframax Tanker [Yahoo! Finance]

Tsakos Energy Navigation Ltd Common Shares (TNP) 
Last tsakos energy navigation ltd common shares earnings: 3/24 08:00 am Check Earnings Report
US:NYSE Investor Relations: tenn.gr
Company Research Source: Yahoo! Finance
ATHENS, Greece, April 22, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd. (TEN) (NYSE: TNP) (the “Company”) announces the sale of the aframax tanker Izumo Princess, the first in a series of eight pioneered-designed vessels the Company built between 2007 and 2010. The sale will add approximately $37 million to the Company's cash balances. “Following the sale of nine tankers over the last twelve months with an average age of 18.5 years, this subsequent 10 th transaction underscores TEN's commitment to divest from its first-generation assets and enhance its “green” footprint through the acquisition and building of state-of-the art eco-vessels to meet the transportation needs of our blue-chip clientele,” Mr. George Saroglou, President & COO of TEN commented, “Looking ahead, we have renewed our fleet with 16 acquisitions averaging 1.2 years, while maintaining our long-standing policy of providing our customers with the best vessels for their needs,” Mr. Saroglou concluded. TEN's CURRENT GROWTH PRO Show less Read more
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