New LaunchJul 24, 2026, 08:33 AM
TEN Delivers 'Anfield DP' Shuttle Tanker; $3.5B Revenue Backlog
AI Summary
Tsakos Energy Navigation (TEN) announced the delivery and naming of the DP2 suezmax shuttle tanker "Anfield DP," the third in a series of 12 such vessels. The new tanker will commence a 10-year employment contract with a US oil major, with options to extend. This delivery advances the company's expansion in the Brazilian offshore market, a sector TEN has been involved in since 2012. With this addition, TEN's minimum gross revenues from its backlog of long-term charters now stand at approximately $3.5 billion, supporting its growth trajectory and shareholder returns.
Key Highlights
- Delivered "Anfield DP" DP2 suezmax shuttle tanker, third of 12 from Samsung.
- "Anfield DP" secured 10-year employment with a US oil major, with extension options.
- Minimum gross revenues from long-term charters are approximately $3.5 billion.
- TEN now operates seven shuttle tankers on long-term employment, with nine more on order.
- The diversified energy fleet consists of 82 vessels, totaling 10.1 million dwt.
- Company has established a presence in the Brazilian offshore market since 2012.
Price Impact
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