Greece’s Tsakos Energy Navigation (TEN) has taken delivery of an Aframax tanker which was built against long-term charter contracts to a US oil major.

The proceeds of the time charter is approximately $200m over the minimum duration.

The Vessel “Mediterranean Voyager” was delivered by South Korean yard Daehan and the company is set to take delivery of another Aframax tanker, Caribbean Voyager, from the shipyard this year. In the meantime, TEN has two 174,000 cum LNG carriers under construction at Hyundai Heavy Industry.

“TEN continues its tested policy of enhancing strategic relationships with major end-users.