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Tsakos Energy Navigation (TEN) is selling another two ageing suezmaxes, releasing more than $100m into its cash reserves as a 26-ship newbuilding programme steadily feeds younger tonnage into the fleet. The New York-listed Greek owner said the two ships were built in 2006 but did not identify them, disclose the buyer or give individual sale …
Tsakos frees up $100m-plus with veteran suezmax sales
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