Tsakos Energy Navigation (TNP) Capital Link’s 2026 Virtual Corporate Presentation Series summary

Key achievements and industry recognition

• Named Energy Transporter of the Year by TIME Magazine for the third consecutive year.

• Recognized for a strong renewable environmental record and long-standing public listing since 1993.

Fleet renewal and expansion

• Sold 17 older vessels and acquired 33 new ones, nearly doubling the fleet and tripling deadweight capacity.

• Average fleet age reduced to 0.6 years, with major new shuttle tanker contracts in Brazil.

• New vessels to be delivered through 2028, supporting long-term growth.

Financial performance and strategy

• Maintained debt well under 50% despite aggressive fleet renewal.

• Consistent dividend payments since inception, with recent increases and a $1 dividend announced.

• Strong cash reserves enable opportunistic acquisitions and ongoing shareholder rewards.