TEN Ltd. Announces Sale of Two First-Generation Suezmax Tankers

Following the recent delivery of the shuttle tanker Anfield from Samsung shipyard in South Korea in late July, TEN announced today the sale of two 2006-built Suezmax tankers. This transaction will release in excess of $100 million to the company’s cash reserves. “In line with our stated policy of maintaining the modernity and diversity of ...

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