TCM Implements Seagull's Competence Manager
Tsakos Columbia Shipmanagement (“TCM”) S.A. has strengthened its collaboration with Seagull Maritime AS to bring its in-house ‘Tanker Competence and Promotion Management System’ (TCPMS) to its fleet of fifty-five tanker vessels through Seagull’s Competence Manager. Available both onboard and online, Seagull’s Competence Manager is a versatile component of the ‘Seagull Training Administrator’, allowing shipping companies to monitor the career development of their seafarers and dynamically implement competence and promotion requirements. It works in conjunction with Seagull’s extensive reports and statistics on the existing e-learning material onboard. Tsakos Columbia Shipmanagement S.A.
Tsakos Energy Navigation Reports Q4, Full Year Results
Tsakos Energy Navigation Limited ("TEN" or the "Company") (NYSE: TNP) reported results for the fourth quarter and full year ended December 31, 2010. -- Voyage revenues of $408.0 million. $3.1 million. million. -- EPS (diluted) of $0.50 ($0.58 per share excluding impairment charge). $7,647. -- Fleet utilization of 97.6%. -- Sale of five tankers with a net gain of $19.7 million. panamax product carriers with employment. -- Change from twice yearly to quarterly dividends. in 2010 of $0.60. -- $105 million raised in equity offerings. -- Approximately $1.0 billion in net income since NYSE listing. -- Voyage revenues of $95.0 million. million. -- Income $0.5 million, before impairment charge of $3.1 million. loss of $2.6 million, after impairment charge. vessel impairment charge. $7,284.
TEN Reports 4Q Results
- Voyage revenues of $408.0 million. - Operating income of $80.7 million, after vessel impairment charge of $3.1 million. - Net income of $19.8 million, after vessel impairment charge of $3.1 million. - EPS (diluted) of $0.50 ($0.58 per share excluding impairment charge). - Average daily operating expenses per vessel decreased by 11.9% to $7,647. - Fleet utilization of 97.6%. - Sale of five tankers with a net gain of $19.7 million. - Delivery of two newbuilding aframax tankers and acquisition of four panamax product carriers with employment. - Change from twice yearly to quarterly dividends.
