Chief executive Nikolas Tsakos told investors deals are in the works which are similar to its nine-strong aframax contract in which vessels were ordered against long-term employment with Statoil.
Tsakos says the company is working in “at least half a dozen” transactions which could be announced during the third quarter.
While not revealing specific details, the shipowner says the new vessels will be in both the products tanker and crude markets, including the VLCC sector where TEN is seeking to renew its fleet.
