Tsakos Energy Navigation has confirmed a long-term contract for its newly arrived VLCC.
New York-listed Tsakos says the 301,000-dwt Ulysses (built 2016) has been locked into a 40-month deal.
It says the charter, with a “first-rate end-user”, will generate revenue of $50m from next month.
"TEN's tested and successful strategy has been through the building of long-term relationships with oil majors and quality end users,” said chief executive Nikolas Tsakos.
