Geopolitical Risk & Oil Market Impact - The US is intensifying an oil blockade against Nicolas Maduro's government in Venezuela [1] - The US is pursuing a third oil tanker, Bella 1, near Venezuela [1] - Bella 1 is a Panamanian-flagged vessel sanctioned by the US [1] - The attempted interdiction follows the boarding of the Century Super Tanker and the Skipper [1]

The US has pursued a third oil tanker off the coast of Venezuela, intensifying a blockade that the Trump administration hopes will cut off a vital economic lifeline for the country and isolate the government of President Nicolás Maduro https://t.co/jVLG57Mnmy ...

Let's go right now back to the breaking news from the Caribbean. A US official tells MS Now the Coast Guard is pursuing a third oil tanker near Venezuela after seizing tankers yesterday as well as on December 10th. Let's go to the White House and MS Now reporter Jake Taylor.So Jake, what's the latest on this. >> Yeah, Alex, look, the White House hasn't been too concerned with political support here. They've more just been concerned with carrying out these actions against Venezuela and in the Caribbean.And t ...

Geopolitical Risk - Ukraine's drone strike hit a Russian oil tanker in the Mediterranean Sea, marking a new escalation in attacks on ships supporting Moscow's oil transport [1]

An oil tanker that was struck by Ukrainian drones near Turkey last week is now about a mile off the coast of Bulgaria, the Balkan nation’s maritime authority said https://t.co/MaSDtAHN5o ...

In time, though, its tankers will find new routes https://t.co/JoZwJApPnD ...

This was the moment Ukrainian sea drones launched their attack on a pair of oil tankers in the Black Sea, tracking their targets through the icy waters before slamming into them and self-destructing in a ball of flame. >> Drone attack. Drone attack.Please help. >> This distress call shared with NBC News by a Turkish maritime tracking site. No crew members were harmed.Turkish authorities say the drones are called Sea Babies and they're the size of small speedboats. Ukraine says both tankers are part of Russi ...

Financial Performance - For the three months ended September 30, 2025, voyage revenues were $186228 thousand, compared to $200158 thousand in 2024[43] - Net income attributable to Tsakos Energy Navigation Limited for the three months ended September 30, 2025, was $38341 thousand, compared to $26540 thousand in 2024[47] - Adjusted EBITDA for the three months ended September 30, 2025, was $95566 thousand, compared to $100084 thousand in 2024[47] - For the nine months ended September 30, 2025, voyage revenues reached $576588 thousand, versus $615801 thousand in 2024[43] - Net income attributable to Tsakos Energy Navigation Limited for the nine months ended September 30, 2025, was $102889 thousand, compared to $156959 thousand in 2024[47] - Adjusted EBITDA for the nine months ended September 30, 2025, was $288760 thousand, compared to $314060 thousand in 2024[47] Fleet and Operations - As of November 19, 2025, 37% of the vessels in the water have market exposure (Spot + TC P/S), while 89% are in secured revenue contracts (TC + TC P/S)[11] - The company has been renewing its fleet, contracting/acquiring 33 vessels since January 1, 2023, with an average age of 06 years and a total DWT of 47 million, while divesting 17 vessels with an average age of 173 years and a total DWT of 14 million[22] Market Outlook - World oil demand reached a record 1031 million barrels per day in 2024, with growth expected to be around 060 million barrels per day in 2025 and 077 million barrels per day in 2026[29] - The global NB orderbook is low at 144% as of October 2025, compared to the fleet over 15 years old[35]

Core Insights - Tsakos Energy Navigation (TEN) is identified as a diverse, medium-sized oil tanker firm with a focus on presenting clear value propositions through low price-to-book (P/B) and price-to-earnings (P/E) ratios [1] Company Overview - TEN has been previously analyzed multiple times, with the most recent analysis occurring in April 2025 [1] - The company operates in the oil tanker sector, which is characterized by its diversity and medium size [1] Investment Perspective - The analysis emphasizes a preference for investments that do not heavily rely on future growth, aligning with the value investment philosophy of notable investors like Warren Buffett and Benjamin Graham [1] - The analyst holds a beneficial long position in TEN shares, indicating confidence in the company's potential [1]

Oil tankers and container ships will be among the hardest hit should China’s port fees targeting US vessels take effect on Tuesday, according to Jefferies LLC https://t.co/RbRZN9VbgL ...