A brand-new product tanker has been delivered to Tsakos Energy Navigation (TEN) from South Korea’s Sungdong shipyard and will immediately commence a timecharter to an unnamed “significant” oil major.
Sunray (74,200 dwt, built 2016) will commence a profit-sharing contract of between 54 to 78 months and could generate minimum gross revenue of $40.5m, the NYSE-listed shipowner said.
(74,200 dwt, built 2016) will commence a profit-sharing contract of between 54 to 78 months and could generate minimum gross revenue of $40.5m, the NYSE-listed shipowner said.This is equivalent to daily earnings of around $21,194 during the minimum period of the contract, although the specific charter rate was not disclosed.
The panamax tanker is the fourth vessel to be delivered to TEN since June, as part of its 12-vessel fleet growth programme.
