Tsakos Energy Navigation Ltd Deep Dive into TEN & the Tanker Sector Call Transcript

Jul 16, 2020 / 03:00PM GMT
Nicolas Bornozis - Capital Link, Inc. - Founder, President and CEO

Good morning to everybody or good afternoon, depending on where you are joining us from. Thank you very much for joining us today, and I would like to welcome you to Capital Link's webinar series. We are delighted to have with us today Dr. Nikolas Tsakos, the Founder and CEO of Tsakos Energy Navigation; and Randy Giveans, the Head of Maritime Research at Jefferies. I'm Nicolas Bornozis, President of Capital Link, organizer of the webinar, and also, we are the Investor Relations adviser for Tsakos Energy Navigation. And we have the great privilege to work very closely with Jefferies and Randy. So thank you, both of you, for being with us.

I will make a very brief introduction. As you know, TEN is one of the largest energy transporters in the world, one of the largest independent tanker owners and a partner of choice for all the major participants in the global energy market. It has a pro forma fleet of 71 vessels; it founded in 1993. It is one of the oldest publicly listed companies, and the company has been listed on the New York

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