Annual Report Filed with the SEC by TEN Ltd.
ATHENS, Greece – Today, TEN, Ltd. (NYSE: TEN) proudly announces the filing of its Annual Report on Form 20-F, detailing its fiscal year that concluded on December 31, 2024. This significant document has been submitted to the U.S. Securities and Exchange Commission (SEC) and is now available for shareholders and interested parties to review through TEN's Investor Relations platform.
For those who prefer a physical copy of this detailed report, TEN encourages shareholders to reach out to Capital Link, where they can request it free of charge. Contact information can be found below for quick access.
About Tsakos Energy Navigation
TEN, an established name in the shipping industry founded in 1993, is commemorating its significant journey as a publicly traded company. With 32 years in service, TEN stands among the premier global shipping enterprises. The company boasts a versatile fleet comprising 82 vessels. This impressive collection includes twelve DP2 shuttle tankers, two scrubber-fitted suezmax vessels, five scrubber-fitted LR1 tankers currently under construction, and a variety of other tankers, all adding up to a substantial capacity of 10.1 million deadweight tons (dwt).
Growth and Expansion in a Competitive Market
In recent years, TEN has navigated through the complexities of the shipping industry, asserting its position within the energy sector. The company's diverse fleet is strategically designed to adapt to changing market demands, ensuring their operational excellence in fluctuating economic conditions. Servicing both crude oil markets and product transportation, TEN caters to a broad clientele with varying logistical needs.
Commitment to Sustainability
As shipping regulations evolve, TEN is committed to enhancing its environmental performance. The company actively incorporates modern technologies, such as scrubbers, to minimize emissions from its vessels, further aligning with global sustainability efforts. By adopting such measures, TEN not only meets current regulatory standards but also positions itself favorably for future trends in the shipping industry.
Fostering Strong Investor Relations
Maintaining transparent communication with investors is vital for TEN. By delivering thorough insights through annual reports, the company ensures its shareholders are well-informed about performance and challenges alike. TEN’s strategic approach is not just about presenting numbers; it's about narrating the journey and envisioning the path ahead.
Company Contact Information
For any inquiries or detailed information, please feel free to connect with the company through the provided contacts:
Company Contact:
Tsakos Energy Navigation Ltd.
George Saroglou
President & COO
+30210 94 07 710
gsaroglou@tenn.gr
Investor Relations / Media:
Capital Link, Inc.
Nicolas Bornozis
Markella Kara
+212 661 7566
ten@capitallink.com
Frequently Asked Questions
What is the purpose of the Form 20-F filing?
The Form 20-F is an annual report required by the SEC for foreign companies, providing a comprehensive overview of their financial condition and operations.
How can shareholders access the Annual Report?
Shareholders can view the Annual Report on TEN's Investor Relations website or request a hard copy through Capital Link.
What does the fleet composition of TEN include?
The fleet consists of 82 vessels, including crude tankers, product tankers, and LNG carriers, which are adapted to meet various market demands.
How is TEN approaching sustainability?
TEN is enhancing environmental performance by incorporating modern tech like scrubbers to reduce emissions and comply with evolving regulations.
Who should be contacted for Investor Relations inquiries?
Nicolas Bornozis and Markella Kara from Capital Link, Inc. handle inquiries related to investor relations and media.
