Tsakos Energy Navigation could be targeting VLCC acquisitions after striking a strategic alliance and raising cash in recent weeks, an analyst said today.

Maxim Group's James Jang pointed to the April announcement by the New York-listed tanker owner that it struck a deal with a US oil company involving chartering of VLCCs and suezmaxes for up to three years.

TEN only owns three VLCCs, including one is 19 years old, and it has said that it could use a