Tsakos Energy Navigation (TEN) is expected to continue its growth spurt after confirming the acquisition of four tankers and reporting a strong second-quarter profit in the past week.
New York-listed TEN disclosed the purchase of two VLCC resales from York Capital and two trading suezmaxes from Yasa, both deals that had been previously uncovered by TradeWinds.
Nikolas Tsakos, chief executive of TEN, said during a conference call that the company is monitoring further resale openings in the VLCC and suezmax sectors.
