company TEN - SteadyBase

steadybase-$ company TEN

account_id none on file

legal_name Tsakos Energy Navigation Ltd

ticker TEN

cik 1166663

domain tenn.gr

linkedin_company_url https://www.linkedin.com/company/tsakos-energy-navigation-ltd-tnp-

entry_point_account_id none on file

exchange NYSE

sector Consumer Discretionary

hq Athens, P. Faliro, Greece

sector index/company/sector/consumer-discretionary/

calls 4 filings 11 executives 21 family 0

why_nownone on file

calls

The prospects going forward, as our president said, we have a very low order book, increasing demand, a growing gray fleet that goes, you know, anywhere between 250 to 300 vessels that are not participating in the day-to-day market with the major oil companies, new legislation that is coming up that is making slow steaming and restrictions on traveling or navigation. positive in increasing tonne miles and of course natural limitations like Panama Canal restrictions that are making many owners taking more tonne miles and trading around the Cape. So in view for sure I think the fourth quarter this year is going to be our 30th year is going to be another record year like last year was. And the prospects, at least for the next couple of years, considering the limited new building supply, are positive.

Nov 21, 2023 / receipt, needs a key / Nikos Tsakos, President and CEO | earnings call 2023-11-21 | transcript ee2ad382-5a19-41a2-847c-f8aa9a415139 | chars 20755-21563 | segment 21

As the chairman said, it has been a rollercoaster period. We started the beginning of the year feeling that things were going back to normal with COVID supposedly under control and parts of the world opening up to travel and business as usual. And then we were hit by the invasion in Ukraine that has complicated issues. A lot in operational matters for us, which meant that a company like ourselves with 32 vessels with mixed Russian and Ukrainian crew had to spend a lot of time and effort through our manning department, our human resources teams to make sure that everything goes smooth and we're very happy to... and we're very happy and thankful to all our seafarers about their professionalism. And we never had an incident between those two, I would say, sister or brother nations. It has been a worrisome period. However, we were able to maintain a steady, steady fast on the wheel.

Jun 30, 2022 / receipt, needs a key / Nicholas Sakos, President and CEO | earnings call 2022-06-30 | transcript 4d31ba29-6dbe-48c5-be5f-428ec4ddb302 | chars 3574-4465 | segment 3

And I said that the reason for our last two delays had to do with, I was joking, but it's true, with Nick Bourneau's events that we do, the Capital Inc. Because, as you know, we have not been able to travel to the United States, which the majority of our shareholder base is. So we were taking the opportunity on yesterday, the 15th of December, was the typical day of ringing the bell, and we were going to report today, so then we would spend, before everybody gets into the Christmas spirit, do a roadshow. However, all of this fell apart because of the Omicron, but our date was set because of that. So I think as we go back from March, we are going to be back to normal again. Hopefully we can travel within the time frame.

Dec 16, 2021 / receipt, needs a key / George, other | earnings call 2021-12-16 | transcript d386bf17-19be-4420-a948-7f9523895382 | chars 26014-26742 | segment 26

Yeah, well, it had to do a lot that we were planning finally after 20 long months to be here in the United States and do a roadshow. We wanted to do this on our results. The immigration legislation, the COVID, would not allow us to come. We were trying to come end of August, the end of September. And the only reason we were able to, I was able to get a permit to come was because of my award. for the Hall of Fame two days ago. So we said it would be good to be here in New York, do the results, so immediately we could do a roadshow, not to be in a blocked period. So that's why it was postponed, like my award. I was supposed to be getting this award at the CMA in March 2020. So I'm glad I got it alive. Well, congratulations and welcome to the U.S. And I traveled internationally last week, and it felt nice to use my passport again. So anyway, I appreciate it. Thanks so much, Nick.

Oct 7, 2021 / receipt, needs a key / Nikos, CEO | earnings call 2021-10-07 | transcript c775ac84-9315-47f1-8125-e7fe9d635313 | chars 24135-25024 | segment 24

filings

Michael G. Jolliffe | 76 | Vice Chairman of the Board, Director | 1993