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TEN Ltd. Announces the Order of Two VLCCs from Hanwha Ocean in South Korea and the Sale of Three 2007-Built Tankers
Globenewswire· 2025-08-04 20:05
$3.7 billion in minimum contracted revenuesDynamic expansion with 21 eco vessels to be delivered until 2028$60m in free cash generated from strategic asset salesTEN’s proforma fleet approaching 11m dwt capacity ATHENS, Greece, Aug. 04, 2025 (GLOBE NEWSWIRE) -- TEN Ltd. (NYSE: TEN), a leading diversified crude, product and LNG tanker operator, today announced the order of two eco VLCCs at Hanwha Ocean in South Korea with an option for an additional unit, to be delivered in 2027 and 2028. Concurrently with th ...