TEN Orders A Series of Ice-Class Product Carriers
Tsakos Energy Navigation Limited (TEN) has ordered two handysize, double hull, 1A ice-class tankers, with carrying capacity of 37,000 dwt each. The vessels have a contract price of just under $30 million per ship and are scheduled for delivery in September and December of 2006. TEN also holds options for two additional sister ships of the same specifications, which would be delivered in March and June of 2007. All vessels are to be constructed by Hyundai Heavy Industries at their Mipo shipyard, and represent the 24th and 25th vessels in TEN's newbuilding program since 1997. These vessels are specifically designed to meet the stringent requirements of classification societies and other regulatory bodiesā¦
TEN Exercises Options for Product Carriers
Tsakos Energy Navigation Limited (TEN) has exercised options for two handysize, double hull, 1A ice-class tankers, with carrying capacity of 37,000 dwt each. The vessels have a contract price of just under $30 million per ship and are scheduled for delivery in March and June of 2007. These vessels are sister ships to the newbuildings announced in January of this year. The vessels are to be constructed by Hyundai Heavy Industries at their Mipo shipyard, and represent the 28th and 29th vessels in TEN's newbuilding program since 1997. These vessels are specifically designed to meet the stringent requirements of classification societies and other regulatory bodies, the rules and guidelines of oil majors and various port authorities and terminals relating to environmental protection.
