Tsakos Energy Navigation Receives Order for 2 VLCCs From Hanwha Ocean-February 2024-www.financetom.com

Tsakos Energy Navigation Receives Order for 2 VLCCs From Hanwha Ocean

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Tsakos Energy Navigation Receives Order for 2 VLCCs From Hanwha Ocean

Aug 5, 2025 2:26 AM

05:08 AM EDT, 08/05/2025 (MT Newswires) -- Tsakos Energy Navigation ( TEN ) said Monday that it received an order for two very large crude carriers, or VLCCs, from Hanwha Ocean in South Korea for delivery in 2027 and 2028.

The company said the order includes an option for an additional unit. No financial details were disclosed.

Tsakos Energy Navigation ( TEN ) also said it sold three 2007-built vessels to independent third parties and expects to book $60 million free cash and about $9 million capital gains in Q3 from the sale.

Previous page： Sexual misconduct claims rock Apple, women employees allege 'inaction' Next page： Samsung Galaxy A23 5G design renders, specifications leaked: Report

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Sexual misconduct claims rock Apple, women employees allege 'inaction'

Aug 5, 2022

The complainants reported getting a disappointing or counterproductive response from Apple, according to a Financial Times report. Apple said 'it works hard to investigate complaints of misconduct'.

Samsung Galaxy A23 5G design renders, specifications leaked: Report

Aug 5, 2022

The smartphone was reportedly spotted in European stores and many are expecting the phone to be priced around 300 euros (around Rs 24,000).

Robinhood to lay off almost 25% of its workforce amidst crypto market crash

Aug 3, 2022

Robinhood becomes the latest firm to lay off employees, 23 percent of its total workforce would be out of job but will have the opportunity to stay employed through October 1.

Microsoft Teams now completely optimised for Macs with M1 and M2 chips

Aug 4, 2022

To help its users work easier and faster on their favourite devices, tech giant Microsoft announced that it had created a native version of its Microsoft Teams app optimised for the Mac lineup with Apple silicon.