Home Greece TEN announced the delivery and long -term charter of new DP2 Shuttle...

TEN announced the delivery and long -term charter of new DP2 Shuttle Tanker

TEN a leading diversified crude, product and LNG tanker operator, announced today the delivery of its fourth DP2 shuttle tanker, the Porto, from a South Korean yard and the commencement of her employment, of up to 11 years, at an accretive rate, to a major end user. The gross proceeds of this fixture, over the minimum duration of the contract, are expected to exceed $80 million.

We are delighted to welcome the timely construction, in spite of the pandemic disruptions, of such technologically advanced and environmentally friendly vessel and look forward to it becoming a major contributor to TEN’s bottom line for the years to come,Mr. George Saroglou, COO of TEN, Ltd. commented. “Such vessel and employment highlights our strategic approach in producing long-term secured revenues and makes TEN the carrier of choice for the strategic needs of our clients,” Mr. Saroglou concluded.

Previous articlePeople unaware and concerned when it comes to space, finds Inmarsat’s landmark report
Next articleWISTA Hellas seminar at Posidonia 2022 shines spotlight on challenges faced by women at sea