TEN orders up to six aframax newbuildings at Daehan

Tsakos

Tsakos Energy Navigation (TEN) has reportedly placed an order at Daehan Shipbuilding for up to six aframax tanker vessels, worth an estimated USD 450 million in total.

Specifically, the shipping firm has ordered four dual-fuel 115,000 dwt tankers with an option for two more newbuildings to be constructed at the South Korean yard. It is suggested that TEN has the option to upgrade the two additional vessels to LR2 tankers at an additional cost.

Delivery of the vessels is expected in 2023.

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