Tsakos Energy Navigation (TEN) managed a $76m-profit-turnaround to cross into the black in 2019, boosted by a robust tanker market it expects to continue well into 2020.
At the same time, the US-listed company is shrugging off plummeting stock prices amid the coronavirus crisis, maintaining its dividend and sticking to its share buyback program in order to signal to the market that it's "business-as-usual", TEN's chief executive Nikolas Tsakos said.
