Friday, November 23, 2012

[Marine] TK sector to pick up?

TK sector to pick up?

Tsakos Energy Navigation pictures a brighter days ahead for the tanker market.

The Greek shipowner posted narrowed losses for the third quarter as well as reporting new charter contracts.

Chief operating officer George Saroglou said, “Looking ahead, we think the worst is behind us as supply of vessels shrinks while global oil demand continues to increase.”

The company also wants to expand its LNG carrier and shuttle tanker business.



Published : November 23, 2012


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