09:43 AM EDT, 03/18/2025 (MT Newswires) -- Tsakos Energy Navigation ( TEN ) said Tuesday it is building nine DP2 Suezmax Shuttle Tankers with 15-year employment contracts for Petrobras (PBR) unit Petrobras Transporte.

The company said the deliveries are scheduled for 2027 and 2028 and that it plans to construct the ships at Samsung Heavy Industries in South Korea.

Tsakos Energy said the charterer will assume all operating and technical costs associated with running the vessels during the employment period.

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