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ATHENS, Greece, April 30, 2018 -- TEN, Ltd. (“TEN” or the “Company”) (NYSE:TNP) today announced that its Annual Report on Form 20-F for the year ended December 31, 2017 has been filed with the Securities and Exchange Commission and can be accessed on the Company's website.
Shareholders may also request a hard copy of the complete audited financial statements, free of charge, by clicking on the annual report prompt under the Contact Us section of the Company’s website, http://www.tenn.gr.
Alternatively, shareholders may request a hard copy of the complete audited financial statements, free of charge, by contacting the Company’s Investor Relations Advisor at:
Capital Link Inc.
230 Park Avenue, Suite 1536
New York, NY 10169 USA
Tel: (+) 1 212 661 7566
[email protected]
The Annual Report, other reports and other information regarding the Company are also available without charge at a website maintained by the U.S. Securities and Exchange Commission at http://www.sec.gov.
ABOUT TSAKOS ENERGY NAVIGATION
TEN, founded in 1993, is one of the first and most established public shipping companies in the world today. TEN’s fleet consists of 64 double-hull vessels, constituting a mix of crude tankers, product tankers and LNG carriers, totalling 6.9 million dwt. Of these, 46 vessels trade in crude, 13 in products, three are shuttle tankers and two are LNG carriers.
COMPANY’S GROWTH TIME-TABLE
| # | Vessel Name | Type | Dwt | Delivery | Status | LT Contracts |
| 1 | Ulysses | VLCC | 300,000 | May 2016 | Delivered | Yes |
| 2 | Elias Tsakos | Aframax | 112,700 | June 2016 | Delivered | Yes |
| 3 | Thomas Zafiras | Aframax | 112,700 | Aug 2016 | Delivered | Yes |
| 4 | Leontios H | Aframax | 112,700 | Oct 2016 | Delivered | Yes |
| 5 | Parthenon TS | Aframax | 112,700 | Nov 2016 | Delivered | Yes |
| 6 | Sunray | Panamax LR1 | 74,200 | Aug 2016 | Delivered | Yes |
| 7 | Sunrise | Panamax LR1 | 74,200 | Sep 2016 | Delivered | Yes |
| 8 | Maria Energy | LNG | 93,616 | Oct 2016 | Delivered | Yes |
| 9 | Hercules I | VLCC | 300,000 | Jan 2017 | Delivered | Yes |
| 10 | Marathon TS | Aframax | 112,700 | Feb 2017 | Delivered | Yes |
| 11 | Lisboa | DP2 Shuttle | 157,000 | Mar 2017 | Delivered | Yes |
| 12 | Sola TS | Aframax | 112,700 | Apr 2017 | Delivered | Yes |
| 13 | Oslo TS | Aframax | 112,700 | May 2017 | Delivered | Yes |
| 14 | Stavanger TS | Aframax | 112,700 | July 2017 | Delivered | Yes |
| 15 | Bergen TS | Aframax | 112,700 | Oct 2017 | Delivered | Yes |
LT: Long-Term
ABOUT FORWARD-LOOKING STATEMENTS
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. TEN undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.
For further information please contact:
Company
Tsakos Energy Navigation Ltd.
George Saroglou
COO
+30210 94 07 710
[email protected]
Investor Relations / Media
Capital Link, Inc.
Nicolas Bornozis
Paul Lampoutis
+212 661 7566
[email protected]
