‘Person of the Year’ Award Presented to Dr. Nikolas P. Tsakos by the Hellenic American Chamber of Commerce (HACC)

Rhea-AI Summary

On March 24, 2023, Dr. Nikolas P. Tsakos, founder and CEO of Tsakos Energy Navigation, received the 'Person of the Year' Award at the Hellenic American Chamber of Commerce's 71st Annual Gala in New York City. The award recognized his extensive business achievements and contributions to the global shipping industry. Since founding TEN in 1993, the company has generated profits of $2.3 billion and distributed over $0.5 billion in dividends. The event also featured notable speakers from the maritime and investment sectors. Additionally, Dr. Tsakos participated in the Greek Independence Day celebrations at the White House, attended by President Joe Biden.

TEN, established in 1993, is a leading public shipping company with a fleet of 67 vessels, including LNG-powered and scrubber-fitted tankers, emphasizing its long-term presence in the market.

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• Dr. Tsakos received the 'Person of the Year' Award, highlighting leadership in the shipping industry.
• TEN has generated profits of $2.3 billion since its inception and has paid out over $0.5 billion in dividends to shareholders.
• Dr. Tsakos's recognition enhances TEN's reputation and visibility in the shipping sector.

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ATHENS, Greece, April 10, 2023 (GLOBE NEWSWIRE) -- Dr. Nikolas P. Tsakos, Founder, President & CEO of Tsakos Energy Navigation has been presented with the ‘Person of the Year’ Award at the Hellenic American Chamber of Commerce (HACC), 71^st Annual Gala, in New York City.

HACC has been recognizing individuals who share its principles in cultivating and supporting a legacy of excellence in business culture to strengthen the economic and cultural ties between the United States of America and Greece.

HACC has recognized Dr. Nikolas P. Tsakos for his extensive business achievements, entrepreneurial spirit and lasting contributions to the global shipping industry and to society over the last three decades, being the longest serving CEO of a Greek based company on the NYSE.

With the founding of TEN, Ltd in 1993 and its public listing on the Oslo Stock Exchange at that time, Dr. Tsakos set the foundations for opening up the capital markets in Europe, and later in the US, for other shipping companies to follow. Over the years, and particularly since its NYSE listing in 2002, TEN has generated profits of $2.3 billion and distributed dividends to shareholders in excess of $0.5 billion.

The ceremony took place on March 24, 2023 at the historic Rainbow Room of the Rockefeller Center and Messrs. Christopher Wiernicki, CEO of the American Bureau of Shipping and Nicolas Bornozis, President of Capital Link, Inc. delivered introductory remarks in the presence of state dignitaries, heads of international maritime bodies and other distinguished personalities from the international shipping industry, banking, investment communities and academia.

Following the event, Dr. Tsakos, along with a select group of dignitaries, participated in the Greek Independence Day festivities at the White House, in the presence of US President, Joe Biden.  

ABOUT TEN
TEN, founded in 1993 and celebrating 30 years as a public company this year, is one of the first and most established public shipping companies in the world. TEN’s diversified energy fleet currently consists of 67 double-hull vessels including four dual-fuel LNG powered Aframaxes, two scrubber-fitted Suezmaxes and up to three DP2 Shuttle tankers under construction constituting a mix of crude tankers, product tankers and LNG carriers, totaling 8.5 million dwt.

For further information, please contact:

Company
Tsakos Energy Navigation Ltd.
George Saroglou
COO
+30210 94 07 710
gsaroglou@tenn.gr

Investor Relations / Media
Capital Link, Inc.
Nicolas Bornozis
Markella Kara
+212 661 7566
ten@capitallink.com

Visit our company website at: http://www.tenn.gr

FAQ

What recognition did Dr. Nikolas P. Tsakos receive in 2023?

Dr. Nikolas P. Tsakos was awarded the 'Person of the Year' by the Hellenic American Chamber of Commerce on March 24, 2023.

What are the key financial achievements of Tsakos Energy Navigation?

Tsakos Energy Navigation has generated profits of $2.3 billion and distributed over $0.5 billion in dividends since its founding.

When was Tsakos Energy Navigation founded?

Tsakos Energy Navigation was founded in 1993.

How many vessels does Tsakos Energy Navigation operate?

Tsakos Energy Navigation operates a fleet of 67 vessels.

What significant event did Dr. Tsakos attend after receiving his award?

Dr. Tsakos participated in the Greek Independence Day celebrations at the White House.