We examine earnings potential from the acquisition of 24 modern VLCCs from Euronav. The gearing ratio is expected to increase from 62% to 65% in Q1 2024. Favorable supply and demand dynamics over the ...

A 2-year dispute between two tanker families over the future of Euronav ended with the breakup of Euronav. Frontline, a leading tanker company, has acquired 24 of 41 VLCC vessels from Euronav for a ...

When you click on “Accept all”, you consent to ads on this site being customized to a personal profile we or our advertising ...

TEN has long considered expanding into the VLCC segment. During the company’s Q1 earnings call, chief executive Nikos P Tsakos hinted at such plans, stating, “We’re always looking at newbuilds aligned ...

Idemitsu Tanker Co., Ltd., IINO Kaiun Kaisha, Ltd. (IINO Lines), Nippon Yusen Kabushiki Kaisha (NYK), and Nihon Shipyard Co., Ltd. announced that the consortium established in early 2024 for the joint ...

Nippon Yusen Kaisha (NYK) Line, a Tokyo-headquartered shipping company, has concluded the contract to build its first very large crude oil carrier (VLCC). This 310,000-ton capacity vessel can be ...

AET delivered its newest vessel, the first of three Very Large Crude Carrier (VLCC) powered by dual-fuel liquefied natural gas (LNG) engines, on long-term charter to Shell Tankers (Singapore) Private ...

Tsakos Energy Navigation (TEN), an owner of about 80 tankers on the water or under construction, has added up to two more ...

Thank you for standing by, ladies and gentlemen, and welcome to Tsakos Energy Navigation Conference Call on the Second ...

ATHENS, Greece, Sept. 10, 2025 (GLOBE NEWSWIRE) -- TEN, Ltd (TEN) (NYSE: TEN) (the “Company”) today reported results (unaudited) for the six months and the second quarter ended June 30, 2025.

Current newbuilding orders for VLCCs will increase the size of the fleet through at least 2009. Current newbuilding orders for VLCCs will increase the size of the fleet through at least 2009. Many ...

Tsakos Energy Navigation Limited ( ($TEN) ) has released its Q2 earnings. Here is a breakdown of the information Tsakos Energy Navigation Limited ...