reports
TEN Ltd. Announces the Building of Nine DP2 Shuttle Tankers in South K...
TEN Ltd. Announces the Building of Nine DP2 Shuttle Tankers in South Korea With 15-Year Employment to Transpetro - Petrobras Expected gross revenues at $2.0 billionTEN to become one of the largest independent Shuttle tanker operators ATHENS, Greece, March 18, 2025 (GLOBE NEWSWIRE) -- TEN, Ltd (NYSE: TEN) (the “Company”) announces the construction of nine DP2 Suezmax Shuttle Tankers with 15-year employment contracts for Petrobras Transporte S.A. (“Transpetro”), Brazil’s largest oil and gas transportation company. The deliveries are scheduled for 2027 and 2028 and TEN intends to build th...
TEN, Ltd. Announces Date for the Fourth Quarter and Year End 2024 Resu...
TEN, Ltd. Announces Date for the Fourth Quarter and Year End 2024 Results, Conference Call and Webcast ATHENS, Greece, March 14, 2025 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TEN) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that the Company will report earnings for the fourth quarter and year ended December 31, 2024, prior to the open of the market in New York on Thursday, March 27, 2025. That same day, at 11:00 a.m. Eastern Time, TEN will host a conference call to review the results as well as the management’s outlook for the busines...
TEN Ltd. Announces the Passing of Industry Veteran and Long-Standing C...
TEN Ltd. Announces the Passing of Industry Veteran and Long-Standing Chairman, Mr. John Stavropoulos ATHENS, Greece, Feb. 28, 2025 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TEN) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced the passing of former banker and long-standing Chairman of Tsakos Energy Navigation, Mr. D. John Stavropoulos, who died in Athens on Tuesday at the age of 92. Mr. Stavropoulos joined the Tsakos Group after a distinguished 33-year career at The First National Bank of Chicago and its parent, First Chicago Corp...
TEN Ltd. Declares Dividend on its Series E Cumulative Perpetual Prefer...
TEN Ltd. Declares Dividend on its Series E Cumulative Perpetual Preferred Shares ATHENS, Greece, Feb. 05, 2025 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TEN) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of $0.578125 per share for its Series E Cumulative Perpetual Preferred Shares (the “Series E Preferred Shares”; NYSE; TENPRE). The dividend on the Series E Preferred Shares is for the period from the most recent dividend payment date of November 28, 2024 through Feb...
TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpe...
TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares ATHENS, Greece, Jan. 10, 2025 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TEN) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of approximately $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares (the “Series F Preferred Shares”; NYSE: TENPRF). The dividend on the Series F Preferred Shares is for the period from the most recent dividend payment da...
TEN Ltd. Announces the Release of its Third Environmental, Social and ...
TEN Ltd. Announces the Release of its Third Environmental, Social and Governance Report for calendar 2023 ATHENS, Greece, Dec. 12, 2024 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TEN) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that it has published its third annual 2023 Environmental, Social, and Governance (‘ESG’) Report. The report emphasizes TEN’s robust sustainability platform, industry expertise, and strategic initiatives designed to achieve measurable results. Key aspects of the 2023 ESG report include: The inaugural applica...
TEN Ltd. Reports Profits for the Nine Months and Third Quarter Ended S...
TEN Ltd. Reports Profits for the Nine Months and Third Quarter Ended September 30, 2024 and Sets Dividend Date Net income of $157 million or $4.62 per share for 2024 nine months 50% higher dividend distributions from 2023 at $1.50 per common share in total $0.90 to be paid in December 2024 30 vessels with new and extended charters at significantly higher rates - $1.8 Billion in Fleet Forward Contracted Revenue Dynamic growth and renewal – 21 vessels contracted/acquired within 2024 Efficient vessel management – 10% decrease in vessel operating e...
TEN, Ltd. Announces Date for the Third Quarter 2024 Results, Conferenc...
TEN, Ltd. Announces Date for the Third Quarter 2024 Results, Conference Call and Webcast ATHENS, Greece, Nov. 12, 2024 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TEN) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that the Company will report earnings for the third quarter ended on September 30, 2024 prior to the open of the market in New York on Tuesday, November 26, 2024. That same day, at 10:00 a.m. Eastern Time, TEN will host a conference call to review the results as well as the management’s outlook for the business. The call, which...
TEN Ltd. Declares Dividend on its Series E Cumulative Perpetual Prefer...
TEN Ltd. Declares Dividend on its Series E Cumulative Perpetual Preferred Shares ATHENS, Greece, Nov. 06, 2024 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TEN) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of $0.578125 per share for its Series E Cumulative Perpetual Preferred Shares (the “Series E Preferred Shares”; NYSE; TENPRE). The dividend on the Series E Preferred Shares is for the period from the most recent dividend payment date of August 28, 2024 through Nov...
TEN Ltd. Receives Tanker of the Year Award at the 2024 Tanker Shipping...
TEN Ltd. Receives Tanker of the Year Award at the 2024 Tanker Shipping & Trade Awards ATHENS, Greece, Oct. 24, 2024 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TEN) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that TEN’s unwavering commitment to safety, operational excellence, and innovation was recognized at the prestigious annual Tanker Shipping & Trade Awards, held in London on October 22, 2024. The event included a select group of high-caliber tanker operators, all of which have excelled in elevating tanker trades as one of the safes...
TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpe...
TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares ATHENS, Greece, Oct. 04, 2024 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TEN) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of approximately $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares (the “Series F Preferred Shares”; NYSE: TENPRF). The dividend on the Series F Preferred Shares is for the period from the most recent dividend payment ...
TEN, Ltd. Reports Profits for the Second Quarter and First Half 2024 a...
TEN, Ltd. Reports Profits for the Second Quarter and First Half 2024 and Declares Second Semi-Annual Dividend of $0.90 Per Common Share Bringing Total Distributions for 2024 Operations to $1.50 Per Share 50% increased dividend from amount paid for 2023 operations Dynamic growth and renewal - 21 vessels contracted/acquired within 2024 Minimum contracted revenues of $2.0 billion TST inaugurates first private naval academy in Greece Tanker market fundamentals remain solid ATHENS, Greece, Sept. 11, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd (TEN) (NYSE: TEN) (the “Company”) to...
TEN, Ltd. Announces Date for the Second Quarter and Six Months 2024 Re...
TEN, Ltd. Announces Date for the Second Quarter and Six Months 2024 Results, Conference Call and Webcast ATHENS, Greece, Sept. 03, 2024 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TEN) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced the Company will report earnings for the second quarter and six months ended on June 30, 2024 prior to the open of the market in New York on Wednesday, September 11, 2024. That same day, at 10:00 a.m. Eastern Time, TEN will host a conference call to review the results as well as the management’s outlook for the b...
TEN Ltd. Declares Dividend on its Series E Cumulative Perpetual Prefer...
TEN Ltd. Declares Dividend on its Series E Cumulative Perpetual Preferred Shares ATHENS, Greece, Aug. 06, 2024 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TEN) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of $0.578125 per share for its Series E Cumulative Perpetual Preferred Shares (the “Series E Preferred Shares”; NYSE; TENPRE). The dividend on the Series E Preferred Shares is for the period from the most recent dividend payment date of May 28, 2024 through August 2...
TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpe...
TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares ATHENS, Greece, July 02, 2024 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TEN) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of approximately $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares (the “Series F Preferred Shares”; NYSE: TENPRF). The dividend on the Series F Preferred Shares is for the period from the most recent dividend payment da...
TEN Ltd. NYSE Ticker Change to “TEN” Effective Today
TEN Ltd. NYSE Ticker Change to “TEN” Effective Today ATHENS, Greece, July 01, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd. (the “Company”), a leading diversified crude, product, and LNG tanker operator, would like to remind its shareholders and the investing public of the new ticker symbol that comes into effect today. As such, the Company’s common shares will immediately transition from “TNP” to “TEN” on the New York Stock Exchange (“NYSE”), where it will continue to be listed under the name “Tsakos Energy Navigation Limited.” Additionally, the ticker symbols for the Company’s Series E Cumulat...
TEN, Ltd. Holds its Thirty First Annual General Meeting
TEN, Ltd. Holds its Thirty First Annual General Meeting ATHENS, Greece, June 21, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd. (“TEN”) (NYSE: TNP) (the “Company”), a leading crude, product, and LNG tanker operator, announced today that the Company’s General Annual Meeting of Shareholders was duly held in Athens on June 14, 2024 pursuant to a Notice of Annual Meeting of Shareholders dated May 3, 2024 (“the Notice”). At the meeting which was conducted with a quorum of its common shares represented in person or by proxy, all of the resolutions proposed were approved by at least 89,27% or higher of the ...
TEN, Ltd. Reports Profits for the First Quarter 2024 and Sets Date for...
TEN, Ltd. Reports Profits for the First Quarter 2024 and Sets Date for First Common Share Semi-Annual Dividend of $0.60 Dividend doubles from amount paid at same time last year Significant fleet renewal - increased sale & purchase and newbuilding activity since beginning of 2024 Green initiative on target - Six Dual-Fuel LNG vessels fully operational New NYSE Ticker Symbol “TEN” effective July 1st, 2024 Tanker market fundamentals remain solid ATHENS, Greece, June 20, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd (TEN) (NYSE: TNP) (the “Company”) today reported resu...
TEN Ltd. Announces New NYSE Ticker Symbol “TEN”
TEN Ltd. Announces New NYSE Ticker Symbol “TEN” ATHENS, Greece, June 14, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd. (the “Company”), a leading diversified crude, product and LNG tanker operator, is pleased to announce an upcoming change in its ticker symbol. Effective Monday, July 1, 2024, the Company’s common shares will transition from “TNP” to “TEN” on the New York Stock Exchange (“NYSE”). The Company will continue to be listed on the NYSE under the name “Tsakos Energy Navigation Limited.” In conjunction with this change, the ticker symbols for the Company’s Series E Cumulative Perpetual Pref...
TEN Ltd. Announces Completion of Viken Fleet Acquisition and Sale of A...
TEN Ltd. Announces Completion of Viken Fleet Acquisition and Sale of Aframax Tanker and LNG Carrier Green-growth initiative program in progress Fleet acquisition to generate in excess of $200 million of minimum gross revenues ATHENS, Greece, June 03, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd (NYSE: TNP) (the “Company”) announces the completion of the Viken Crude AS acquisition with the delivery of a 2019-built scrubber fitted 1A Ice-Class Aframax tanker. Concurrently the Company has sold a 2008-built Aframax and a 2007-built Steam Turbine LNG carrier to third party interests. From these sal...
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