Tsakos Charter Extension for Suezmax Triathlon

Thursday, February 26, 2009

Tsakos Energy Navigation Limited (NYSE:TNP) announced that the seven year time-charter with profit sharing for the 2002-built double hull suezmax tanker Triathlon will be extended for an additional three years.

The charter, which began in January 2004, will continue with the same charterer. This optional period will extend the total employment of the Triathlon from seven years to ten, until 2014. Since the initiation of this charter in 2004 through the end of 2008, the vessel has generated gross revenues in excess of $62m.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Volvo Penta Names Brown Commercial Marine Sales Director

Dave Brown has joined Volvo Penta of the Americas as director of commercial marine sales.   In this new position, Brown will provide strategic and administrative

Romica Manufacturer Secures DNV GL Approval

U.K. winch maker Romica said it is to “redouble its exports drive” after its Romania-based manufacturing partner successfully acquired accreditation with DNV GL.

HII Names Leonard a Corporate Director

Capt. Joseph J. Leonard (U.S. Navy, Ret.) has joined Huntington Ingalls Industries (HII) as corporate director of customer affairs, large surface combatant program, the shipbuilder announced.

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | 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: 0.0747 sec (13 req/sec)