| Tsakos Energy Navigation Limited (Tsakos Energy Navigation) is a Bermuda-based company. Tsakos Energy Navigation is a provider of international seaborne crude oil and petroleum product transportation services. During the year ended December 31, 2007, it started to transport liquefied natural gas (LNG). Tsakos Energy Navigation owns a fleet of tankers providing worldwide marine transportation services for national and other independent oil companies and refiners under long, medium and short-term charters. As of March 31, 2008, the Company's fleet consisted of 44 vessels (including two chartered-in vessels), of which three are very large crude carrier (VLCC) tankers, 10 are suezmax tankers, nine are aframax tankers (including three LR2 aframax product carriers), seven are panamax tankers, six are handymax MR2 product carriers, eight are handysize MR1 product carriers and one is a LNG carrier. 23 of the operating vessels are of ice-class specification. |
