in China. CCS was established in 1956, is one of the ten full members of the International Association ofClassification Societies (IACS) and the only specialized organization of China to provide classification services. By the end of 2009, CCS classed fleet was 2,282 ships totalling 34.45 million gross tonnage. “This agreement creates for TEN new opportunities for strategic business development in China with a strong and reliable local partner” Nikolas P. Tsakos, President & CEO of TEN said. “The economic development and potential of China is staggering. “We believe that CCS will be our gateway in developing energy and shipping related opportunities in China.