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Bigger tanker fleet brings Tsakos record revenues.
(From Lloyds List)
Byline: Nigel Lowry in Athens
NEW York-listed Tsakos Energy Navigation has declared record profits for last year after its expanded tanker fleet reaped a huge increase in revenues.
TEN reported net income of just over $59m for the 12-month period, 15 times its result in 2002.
After a particularly strong fourth quarter, net revenues for the year soared by 86.1% compared with the ...
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