TEN Accepts Delivery and Charter of Tanker

Wednesday, April 12, 2006
Tsakos Energy Navigation Limited (TEN) announced the delivery of the 2005- built 53,000 dwt double-hull Medium Range (MR) product tanker, Artemis. This vessel is the first delivery from the nine-vessel fleet acquired from Western Petroleum S.A. earlier this year. The fleet consists of six 2005-built MR product tankers and three 2006-built Long Range (LR) Aframax product tankers, all with 1A ice-class designations. Upon delivery, the Artemis will operate in the spot market The remaining five MR tankers are scheduled to be delivered to the Company later this month and the three LR Aframaxes are expected to be delivered during May and June of this year.

Following the delivery of the six MR product tankers this month, the next newbuildings to join TEN's fleet will be the 1A 116,000dwt LR Aframax tanker Proteas, and the TEN built 1A 36,660dwt product tanker Antares. Both deliveries from Hyundai Mipo Dockyard of South Korea are expected at the end of May of this year.

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Petrobras Downgrade Shakes Market

Moody's shocked bond investors this week with a surprise two-notch downgrade that put Brazilian oil company Petrobras in junk territory. The move was seen by some investors as overly assertive,

Petrobras Denies Hiring JPMorgan for License Sales

Petróleo Brasileiro SA denied on Friday that it has hired JPMorgan Chase & Co to handle the sale of oil exploration licenses in deep-sea areas off the coast this year.

USCG Makes Change in Fort Pierce Inlet Safety Zone

The Coast Guard has made a change in the Fort Pierce Inlet safety zone Thursday afternoon. Recreational vessels with less than six-foot draft are now allowed

Tanker Trends

Brightoil Reports Steady Growth in Interim Results

Brightoil Petroleum (Holdings) Limited announced its interim results for the six months ended December 31, 2014, reporting steady growth over the period.   During the period,

Lithuania Looks to U.S. for Gas

Lithuanian liquefied natural gas (LNG) importer Litgas has signed a preliminary agreement with a U.S. supplier, looking to lessen the Baltic nation's dependence on Russia.

Atlantic Gas Swings Keep LNG Traders Guessing

MILAN, Feb 26 (Reuters) - Atlantic natural gas markets are seeing some of the biggest price swings in years as volatile European trade, freezing U.S. weather

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Offshore Oil Pipelines Port Authority Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1930 sec (5 req/sec)