TSAKOS ENERGY NAVIGATION LTD

Tsakos Energy Navigation Limited provides international maritime transportation services for crude oil, petroleum products, and liquefied natural gas. The company operates a varied fleet that includes very large crude carriers, suezmax, aframax, panamax, handysize, and medium-range tankers, alongside specialized shuttle tankers equipped with dynamic positioning technology and liquefied natural gas vessels. Its fleet operates under spot contracts as well as short, medium, and long-term charter agreements. The firm serves international energy producers, including state-owned oil entities, major petroleum corporations, independent producers, oil refiners, and commodity traders.

The company's operational fleet comprises 64 double-hulled vessels, totaling approximately 8.0 million deadweight tons, with an average age of 10.3 years. Its transport operations span worldwide marine routes, and 14 of its vessels possess ice-class specifications for accessing ports affected by ice. Technical and commercial vessel operations are primarily subcontracted to managers based in Greece. Tsakos Energy Navigation is incorporated in Bermuda and maintains its principal executive offices in Athens, Greece.

Summary of the business section of Tsakos Energy Navigation's latest annual report, written by StockData.

“They have approximately 178 employees engaged in ship technical management and approximately 3,000 seafaring employees, of whom approximately 1,300 are employed at sea and the remainder is on leave at any given time.”