TEN seals $23m suezmax charter

TEN seals $23m suezmax charter

Greek owner Tsakos Energy Navigation (TEN) has secured a three-year charter with an unnamed European oil concern for one of its suezmax tankers.

TEN says the vessel is currently operating in the spot market, on a minimum rate with profit sharing provisions.

Gross revenue from the new long-term charter is estimated at around $23m.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

Related Posts