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TEN Ltd. delivers third DP2 shuttle tanker, boosting fleet and securing $3.5B in long-term revenue.

Company Fundamentals
24 Jul 2026
GlobeNewsWire
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Bullish
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Tsakos Energy Navigation (TEN) has delivered and named its third DP2 shuttle tanker, Anfield DP, built by Samsung Heavy Industries in South Korea. This vessel will start a 10-year contract with a major US oil company, with options to extend to 20 years, strengthening TEN's presence in the Brazilian offshore market. TEN now operates seven shuttle tankers on long-term contracts and has nine more on order, securing approximately $3.5 billion in minimum contracted revenue. The company continues to replace older tankers with advanced vessels backed by long-term contracts, supporting growth and shareholder dividends.

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