Leading TEN Ltd Toward A Greener And Sustainable Future

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Credit: kinsey-w-cB8YiJt_0Y0-unsplash

In a significant move towards environmental responsibility and sustainability in the shipping industry, TEN Ltd. (TEN) has announced the delivery of the LNG-powered aframax tanker, Njord DF. The tenn source.

  • TEN Ltd. announces the delivery of Njord DF, the first LNG-powered aframax tanker in their green growth program, emphasizing their commitment to sustainability.
  • The vessel’s introduction marks the beginning of a significant initiative, with nine more eco-designed vessels planned for gradual inclusion in TEN’s fleet, potentially yielding $520 million in gross revenues.
  • George Saroglou, TEN’s President & COO, lauds the company’s expertise in managing modern vessels and construction phases while focusing on timely delivery and fleet sustainability.

Eco-Friendly Milestone

TEN Ltd. celebrates the delivery of the LNG-powered aframax tanker, Njord DF, marking the beginning of their green growth program. The vessel is the first of four high-spec eco-designed ships, all engaged in long-term employment with a prominent European state-owned oil concern.

Sustainable Shipping Excellence

TEN’s commitment to environmental responsibility shines as they introduce cutting-edge, environmentally sensitive vessels to their fleet. The move underscores TEN’s operational excellence and ability to manage construction phases effectively, ensuring timely delivery.

Future Green Fleet

The delivery of Njord DF sets the stage for TEN’s ambitious green growth program, with nine more vessels expected to join their fleet over the next ten quarters. The program’s industrial potential is substantial, with projected gross revenues of $520 million should all extension options be exercised.

George Saroglou’s Perspective

George Saroglou, President & COO of TEN, expresses excitement and honor in partnering with a globally renowned environmentally conscious entity. He highlights the company’s anticipation of the second vessel’s arrival in the coming weeks and their ongoing commitment to fleet modernization and sustainability.

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