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News Breaks
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October 20, 2009
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| 09:05 EDT |  | TNP |
| theflyonthewall.com: | Tsakos Energy announces two-year time charter | | Tsakos Energy announced a two year time-charter with profit sharing for the 2005-built suezmax tanker Euronike to an international oil major, an existing client of the company. The minimum revenue expected from this fixture is estimated at $15.3M with an extra $8.1M due if charterers extend employment for an additional year. Should the charterer exercise this option, the total minimum gross revenues to TEN from this charter will rise to $23.4M. Prior to this fixture, the Euronike was operating in the spot market. :theflyonthewall.com |
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