Samsung Heavy IndustriesTEN takes delivery of a tanker built by Samsung Heavy Industries, indicating ongoing orders.

Tsakos Energy Navigation Ltd. has taken delivery of the DP2 suezmax shuttle tanker Anfield DP from Samsung Heavy Industries in South Korea, the third of 12 such vessels, which will operate under a 10-year charter to a US oil major with extension options up to its 20th year. This addition deepens the company's presence in Brazil's high-barrier offshore market and contributes to a long-term charter backlog that now supports approximately US$3.50 billion in minimum gross revenues. The delivery modestly strengthens contracted revenue visibility but does not materially change key risks around high leverage and potential weaker future shipping demand. Recent April 2026 extensions of two DP2 shuttle tanker charters, with projected gross revenues above US$200 million, further underline how TEN is layering long-duration contracts with major oil companies.
Samsung Heavy IndustriesTEN takes delivery of a tanker built by Samsung Heavy Industries, indicating ongoing orders.