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Tsakos Energy Navigation Announces Fourth Quarter And Year End 2006 Conference Call And Webcast
Hamilton, Bermuda, February 22, 2007 - In an announcement made to the Bermuda Stock Exchange (BSX) Tsakos Energy Navigation Ltd. ("TEN") (NYSE: TNP, BSX TEN.BH) will report earnings for the fourth quarter and year end 2006 prior to the open of the market on Monday, March 12, 2007.
That same morning, at 10:00 a.m. Eastern Time, TEN will also host a conference call to review the fourth quarter and year end results as well as management's outlook for the business. The call, which will be hosted by TEN's senior management, may contain information beyond what is included in the earnings press release.
To participate in the call from the United States or Canada, please dial 888-694-4676 approximately five minutes prior to the starting time. To participate in the call outside the United States or Canada, please dial 973-582-2737 five minutes prior to the starting time. The Conference ID is 8487300. Two hours after the completion of the conference call, a digital recording of the call will be available for seven days, and can be accessed by dialing 877-519-4471 from inside the United States or Canada and 973-341-3080 from outside the United States or Canada and entering the Conference ID 8487300.
The call, which will be simultaneously broadcast live over the Internet, can be accessed at: http://www.videonewswire.com/event.asp?id=38118 .
Please log in approximately ten minutes before the start of the call to allow extra time to visit the site and download the streaming media software required to listen to the Internet broadcast.
Concurrent with the live broadcast, the Company will post a supplemental slide presentation providing details related to fleet composition and deployment and other related company information. This presentation will be available on the Company's corporate website reception page at
www.tenn.gr.Additionally, the online archive of the broadcast will be available within one hour of the live call at: http://www.videonewswire.com/event.asp?id=38118 .
ABOUT TSAKOS ENERGY NAVIGATION
TEN's proforma fleet consists of 51 vessels of 5.4 million dwt. Today, TEN operates a fleet of 37 vessels. Additionally, its newbuilding program has 14 vessels including six Aframax crude carriers, one Suezmax, two Panamax tankers, four Handysize product carriers, and one LNG representing 1.2 million dwt.
The strategy of a balanced diverse fleet is reflected in 26 crude transporters ranging from VLCCs to Aframaxes and 24 product carriers ranging from Handysize to Aframaxes; complemented by one LNG.
FORWARD-LOOKING STATEMENTS
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. TEN undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.