TEN Ltd. takes delivery of third DP2 shuttle tanker in twelve-vessel series from Samsung Heavy Industries

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Tsakos Energy Navigation has taken delivery of the DP2 suezmax shuttle tanker Anfield DP from Samsung Heavy Industries in South Korea, the third in a series of twelve such vessels on order. The ship will begin a ten-year charter to a US oil major, with options extending to its twentieth anniversary. With this addition, TEN operates seven shuttle tankers on long-term contracts and has nine more under construction, contributing to a pro-forma fleet of 82 vessels and a minimum contracted revenue backlog of approximately $3.5 billion. The delivery advances the company's second-phase expansion in the Brazilian offshore market, where it has been active since 2012. The naming ceremony in South Korea was attended by dignitaries from Greece, South Korea, and the USA, with the US Ambassador to Greece, Ms. K. Guilfoyle, serving as the vessel's sponsor.

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Samsung Heavy Industries is building the shuttle tanker for TEN, indicating ongoing demand for its shipbuilding services.