TNP

ATHENS, Greece, July 01, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd. (the "Company"), a leading diversified crude, product, and LNG tanker operator, would like to remind its shareholders and the investing public of the new ticker symbol that comes into effect today. As such, the Company's common shares will immediately transition from "TNP" to "TEN" on the New York Stock Exchange ("NYSE"), where it will continue to be listed under the name "Tsakos Energy Navigation Limited." Additionally, the ticker symbols for the Company's Series E Cumulative Perpetual Preferred Shares ("Series E Preferred Shares") and Series F Cumulative Perpetual Preferred Shares ("Series F Preferred Shares") will also chang

6-K - TSAKOS ENERGY NAVIGATION LTD (0001166663) (Filer)

ATHENS, Greece, June 21, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd. ("TEN") (NYSE:TNP) (the "Company"), a leading crude, product, and LNG tanker operator, announced today that the Company's General Annual Meeting of Shareholders was duly held in Athens on June 14, 2024 pursuant to a Notice of Annual Meeting of Shareholders dated May 3, 2024 ("the Notice"). At the meeting which was conducted with a quorum of its common shares represented in person or by proxy, all of the resolutions proposed were approved by at least 89,27% or higher of the votes cast. ABOUT TSAKOS ENERGY NAVIGATIONTEN, founded in 1993 and celebrating this year 31-years as a public company, is one of the first and most establish

Dividend doubles from amount paid at same time last year Significant fleet renewal - increased sale & purchase and newbuilding activity since beginning of 2024 Green initiative on target - Six Dual-Fuel LNG vessels fully operational New NYSE Ticker Symbol "TEN" effective July 1st, 2024 Tanker market fundamentals remain solid ATHENS, Greece, June 20, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd (TEN) (NYSE:TNP) (the "Company") today reported results (unaudited) for the quarter ended March 31, 2024. Q1 2024 SUMMARY RESULTSThe first quarter of 2024 has been the springboard for TEN's green drive with a series of vessel renewals and future growth initiatives. Dur

6-K - TSAKOS ENERGY NAVIGATION LTD (0001166663) (Filer)

ATHENS, Greece, June 14, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd. (the "Company"), a leading diversified crude, product and LNG tanker operator, is pleased to announce an upcoming change in its ticker symbol. Effective Monday, July 1, 2024, the Company's common shares will transition from "TNP" to "TEN" on the New York Stock Exchange ("NYSE"). The Company will continue to be listed on the NYSE under the name "Tsakos Energy Navigation Limited." In conjunction with this change, the ticker symbols for the Company's Series E Cumulative Perpetual Preferred Shares ("Series E Preferred Shares") and Series F Cumulative Perpetual Preferred Shares ("Series F Preferred Shares") will correspondingly change

  Green-growth initiative program in progress Fleet acquisition to generate in excess of $200 million of minimum gross revenues ATHENS, Greece, June 03, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd (NYSE:TNP) (the "Company") announces the completion of the Viken Crude AS acquisition with the delivery of a 2019-built scrubber fitted 1A Ice-Class Aframax tanker. Concurrently the Company has sold a 2008-built Aframax and a 2007-built Steam Turbine LNG carrier to third party interests. From these sales, the Company has generated an additional $100 million in free cash. Since the beginning of 2023, TEN has sold 13 vessels totaling 1.1 million dwt averaging about 18.5 years. At the same time, it has pu

ATHENS, Greece, May 31, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd. ("TEN" or the "Company") (NYSE:TNP) a leading diversified crude, product and LNG tanker operator, today announced that the Company will report earnings for the first quarter ended on March 31, 2024 prior to the open of the market in New York on Thursday, June 20, 2024. That same day, at 10:00 a.m. Eastern Time, TEN will host a conference call to review the results as well as the management's outlook for the business. The call, which will be hosted by TEN's senior management, may contain information beyond that which is included in the earnings press release. Conference Call Details:Participants should dial into the call 10 minute

TEN, Ltd (NYSE:TNP) (the "Company") announces that following the delivery of three vessels since the beginning of 2024, the Dual-Fuel LNG LR2 product tankers "Ithaki DF", "Chios DF" and "DF Montmartre", three more vessels have recently joined the fleet and consist of the 2023-built Dual-Fuel LNG LR2 product tanker "DF Mystras", the 2018-built scrubber fitted 1A Ice Class, Aframax "Alpes"and the 2018-built Super Eco Suezmax, "Poppy S" which was delivered on May 14, 2024. An additional seventh vessel, the 2019-built scrubber fitted 1A Ice Class, Aframax "Aspen", will be delivered by the end of May upon completion of its special survey currently performed by her present owners.All these vessels

Green-growth initiative program in progress Strong tanker market fundamentals   ATHENS, Greece, May 16, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd (NYSE:TNP) (the "Company") announces that following the delivery of three vessels since the beginning of 2024, the Dual-Fuel LNG LR2 product tankers "Ithaki DF", "Chios DF" and "DF Montmartre", three more vessels have recently joined the fleet and consist of the 2023-built Dual-Fuel LNG LR2 product tanker "DF Mystras", the 2018-built scrubber fitted 1A Ice Class, Aframax "Alpes"and the 2018-built Super Eco Suezmax, "Poppy S" which was delivered on May 14, 2024. An additional seventh vessel, the 2019-built scrubber fitted 1A Ice Class, Aframax "Aspen",

ATHENS, Greece, May 16, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd. (TEN) (NYSE:TNP) (the "Company") announced today that the Founder and CEO, Dr. Nikolas Tsakos, will be interviewed by Ms. Lauren Simonetti on the Claman Countdown program at the Fox Business Network on Friday, May 17, 2024 between 3.15 p.m. and 3.45 p.m. EST. To watch the interview live please join the Fox Business Network Chanel on cable television. A replay will be available on the website of Fox Business Network at https://www.foxbusiness.com/category/v-latest-clips-claman-countdown   Following a record performance in 2023, Dr. Tsakos will discuss the global energy and shipping markets along with the recent compan

ATHENS, Greece, May 14, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd. (TEN) (NYSE:TNP) (the "Company") announced today that the Founder and CEO, Dr. Nikolas Tsakos, will be interviewed on the Watch List with Nicole Petallides, Lead Anchor at the Schwab Network, live today at 2:20 pm EST. To watch the interview, live, please follow this link: https://schwabnetwork.com/ Following a record performance in 2023, Dr. Tsakos will discuss the global energy and shipping markets along with the recent company developments and strategy. During the live interview, he will also share his sector outlook examining key trends and opportunities that are poised to influence the industry's future. ABOUT TSAKOS ENERGY

ATHENS, Greece, May 08, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd. (TEN) (NYSE:TNP) (the "Company") announced today that its Annual Report on Form 20-F for the year ended December 31, 2023, has been filed with the U.S. Securities and Exchange Commission ("SEC") and can be accessed on its website, www.tenn.gr. Alternatively, shareholders may also receive a hard copy of the annual report, free of charge, by contacting us using the contact details provided at the end of this press release. ABOUT TSAKOS ENERGY NAVIGATION TEN, founded in 1993, is one of the first and most established public shipping companies in the world. TEN's diversified energy fleet currently consists of 74 double-hull vessels,

ATHENS, Greece, May 08, 2024 (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 $0.578125 per share for its Series E Cumulative Perpetual Preferred Shares (the "Series E Preferred Shares"; NYSE; TNPPRE). The dividend on the Series E Preferred Shares is for the period from the most recent dividend payment date of February 28, 2024 through May 27, 2024. The dividend on the Series E Preferred Shares will be paid on May 28, 2024 to all holders of record of Series E Preferred Shares as of May 22, 2024. Dividends on the Series E

6-K - TSAKOS ENERGY NAVIGATION LTD (0001166663) (Filer)

S-8 - TSAKOS ENERGY NAVIGATION LTD (0001166663) (Filer)

16 acquisitions with 1.2 year average10 sales with 18.5 year averageGreen-growth initiative program continues   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 10th transaction underscores TEN's commitment to divest from its first-generation assets and enhance its "green" footprint through the acquisit

20-F - TSAKOS ENERGY NAVIGATION LTD (0001166663) (Filer)

ATHENS, Greece, April 08, 2024 (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). The dividend on the Series F Preferred Shares is for the period from the most recent dividend payment date on January 30, 2024 through April 29, 2024. The dividend on the Series F Preferred Shares will be paid on April 30, 2024 to all holders of record of Series F Preferred Shares as of April 25,

Jefferies analyst Omar Nokta maintains Tsakos Energy Navigation (NYSE:TNP) with a Buy and maintains $30 price target.

Tsakos Energy Navigation Ltd (NYSE:TNP) reported fourth-quarter FY23 Voyage revenue of $220.2 million, down from $270.3 million in the prior year quarter but above the consensus of $186.18 million.  EPS of $0.85 came below $3.17 in the prior year’s quarter and also missed the consensus of $1.72. The company said it operated six fewer vessels compared to the same period in 2022, due to vessel sales and before the add-on of the five new vessel acquisitions. The abovementioned factors led to an adjusted EBITDA of $124 million versus $159 million in the prior year quarter.  Quarterly fleet utilization reached 98.3% vs 97.4% in the prior year, led by increased vessels in time-charter emp