ATHENS, Greece, June 21, 2010 (GLOBE NEWSWIRE) -- Tsakos Energy Navigation Limited ("TEN") (NYSE:TNP) today announced that its Chief Financial Officer Paul Durham and Corporate Development Officer Harrys Kosmatos will present at the Morgan Stanley 2010 Shipping Conference on Tuesday, June 22, 2010 at 1:30 p.m. EDT.
ABOUT TSAKOS ENERGY NAVIGATION
TEN's pro forma fleet consists of 48 vessels of 5.2 million dwt. TEN's operational fleet consists of 45 vessels all of double-hull design. TEN's remaining newbuilding program includes one DNA-aframax crude carrier of 105,000 dwt and two suezmaxes of 158,000 dwt each.
TEN's current newbuilding program:
| Aframax | DWT | Hull Type / Design | Delivery |
| 1. Uraga Princess | 105,000 | DNA - DH | July 2nd 2010 |
| 2. S2034 | 158,000 | DH | Q2 2011 |
| 3. S2035 | 158,000 | DH | Q3 2011 |
| Total: | 421,000 |
DH: Double Hull
DNA: Design New Aframax