Tsakos Energy Navigation - 25 years of continuous growth; Tanker Market - Current trends, developments & outlook

Podcast Summary

Michael Jolliffe, Co-Founder and Vice Chairman of Tsakos Energy Navigation sits down with Nicolas Bornozis, President of Capital Link for an exclusive interview to discuss the current Tanker Sector Market.

Overview:

The discussion focused on the current trends, developments and outlook of the tanker market   

- Supply and demand for oil   

- Demand for and supply of tanker shipping 

- The impact of IMO regulations on shipping  

Also, on the development and track record of Tsakos Energy Navigation   

- Celebrating 25 years of continuous growth and as a publicly listed company  

- Uninterrupted payment of dividends since TEN’s listing on NYSE in 2003 

- Concluding largest newbuilding program in company’s history  

- A balanced fleet deployment strategy providing cushion in soft market with upside potential

- Ability to raise capital in the banking and capital markets

- Recently successfully completed $135 million preferred capital raise  

For additional information please visit: https://www.tenn.gr/.

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