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

People & Company News

MN 100: Gencorp Insurance Group

The Company: Gencorp Insurance Group provides the Insurance and Surety needs of Marine Contractors, Vessel Operators and Shipyards throughout the country and Caribbean.

MN 100: Bordelon Marine

The Company: Founded in 1979, Bordelon Marine is a leading provider of Marine Transportation services operating in the Gulf of Mexico and around the world. The

MN 100: Bouchard Transportation

The Company: Bouchard Transportation’s history dates back to its incorporation in 1918 by founder, Capt. Fred Bouchard, the youngest tugboat captain in the Port of New York.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pod Propulsion Shipbuilding / Vessel Construction Sonar 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: 0.3968 sec (3 req/sec)