reports
TEN Ltd. Holds Its Thirty-Second General Annual Meeting of Shareholder...
TEN Ltd. Holds Its Thirty-Second General Annual Meeting of Shareholders ATHENS, Greece, June 18, 2025 (GLOBE NEWSWIRE) -- TEN Ltd. (NYSE: TEN) (“TEN” or the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Thirty-Second General Annual Meeting of Shareholders was duly held in Athens on June 12, 2025, pursuant to a Notice of Annual Meeting of Shareholders dated April 30, 2025 (“the Notice”). The meeting was conducted with a quorum of its common shares represented either in person or by proxy, and all proposed resolutions were approved by at ...
TEN, Ltd. Reports Profits for First Quarter 2025 and Declares First Se...
TEN, Ltd. Reports Profits for First Quarter 2025 and Declares First Semi-Annual Common Share Dividend of $0.60 Q1 2025 EBITDA at $103 million and net income of $38 million - equivalent to $1.04 eps Dividends exceed $900 million since Company’s NYSE listing in 2002 TEN awarded by Brazil’s Transpetro/Petrobras to build nine DP2 Shuttle Tankers on long-term employment with revenues of minimum $2 billion Total fleet contracted revenue backlog reaches approx. $3.7 billion Robust 21-vessel eco growth program underwayDr Irene Tsakos & Athens 04 delivered in Q2 ATHENS, Greece, June...
TEN Ltd. Announces Delivery of “Dr Irene Tsakos”, an Eco-Friendly Suez...
TEN Ltd. Announces Delivery of “Dr Irene Tsakos”, an Eco-Friendly Suezmax From Hyundai Heavy, South Korea TEN’s total future secured revenues are now in the region of $3.7 billion Tanker market fundamentals remain strong ATHENS, Greece, June 12, 2025 (GLOBE NEWSWIRE) -- TEN Ltd. (NYSE: TEN) (“TEN” or the “Company”), a leading diversified crude, product and LNG tanker operator, today announced the delivery of the eco-friendly scrubber-fitted suezmax tanker Dr Irene Tsakos and the naming of her sister vessel, Silia T, from HD Hyundai Heavy Industries Co., Ltd. (“Hyundai”) in South Korea. ...
TEN, Ltd. Announces Date for the First Quarter 2025 Results, Conferenc...
TEN, Ltd. Announces Date for the First Quarter 2025 Results, Conference Call and Webcast ATHENS, Greece, May 30, 2025 (GLOBE NEWSWIRE) -- TEN Ltd. (NYSE:TEN) (“TEN” or the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that it will report earnings for the first quarter ended March 31, 2025, prior to the open of the market in New York on Tuesday, June 17, 2025. 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 will be hosted by TEN...
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, May 06, 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 February 28, 2025 through May ...
TEN Ltd. Announces Delivery and Naming of First Two in Series of Twelv...
TEN Ltd. Announces Delivery and Naming of First Two in Series of Twelve DP2 Shuttle Tanker Orders at Samsung Heavy Industries, South Korea $3.7 billion of minimum contracted revenues from 82 vessel pro-forma fleet 16-vessel shuttle tanker fleet making TEN on the largest shuttle tanker owners in world ATHENS, Greece, May 01, 2025 (GLOBE NEWSWIRE) -- TEN, Ltd. (TEN) (NYSE: TEN) (the “Company”) today announced the delivery and naming of two DP2 suezmax shuttle tankers, the “Athens 04” and the “Paris 24”, from Samsung Heavy Industries, Co., Ltd. (“Samsung”) in South Korea and concurrent...
TEN Ltd. Announces the Filing of Form 20-F With the SEC
TEN Ltd. Announces the Filing of Form 20-F With the SEC ATHENS, Greece, April 15, 2025 (GLOBE NEWSWIRE) -- TEN, Ltd. (TEN) (NYSE: TEN) (the “Company”) announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, has been filed with the U.S. Securities and Exchange Commission (“SEC”) and can be accessed on TEN’s Investor Relations website under the section. Alternatively, shareholders may also receive a hard copy of the annual report, free of charge, by contacting Capital Link using the contact information provided at the end of this press release. AB...
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, April 04, 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...
TEN Ltd. Reports Profits for the 12 Months and Fourth Quarter Ended De...
TEN Ltd. Reports Profits for the 12 Months and Fourth Quarter Ended December 31, 2024 and Announces Common Share Dividend Dynamic 21 vessel expansion - 36% dwt growth - 82 vessel proforma fleet. Doubling minimum contracted revenues to $4.0 billion Adjusted EBITDA of $400 million and Net income of $176 million for 2024 Annual EPS of $5.03 and $0.42 for the 2024 fourth quarter Nine DP2 shuttle tankers on long-term employment to Brazil’s Transpetro with expected contracted revenues of $2.0 billion positioning TEN as one of the largest shuttle tankers owners in the world - Proforma Shuttle...
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 ...
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