Tsakos Energy Navigation (TNP)

ATHENS, GREECE -- (Marketwire) -- 03/09/12 -- Tsakos Energy Navigation Limited ("TEN" or the "Company") (NYSE: TNP) today announced that George V. Saroglou, the Chief Operating Officer of the company, will be presenting at the 6th Annual Capital Link Invest in International Shipping Forum in New York City on Monday, March 19, 2012.

A PDF version of the slide presentation used at the conference will be available on the Company's website at www.tenn.gr.

ABOUT TSAKOS ENERGY NAVIGATION
To date, TEN's pro forma fleet consists of 50 double-hull vessels of 5.4 million dwt that includes two DP2 suezmax shuttle tankers currently under construction totaling 314,000 dwt. TEN's balanced fleet profile is reflected in 23 crude tankers ranging from VLCCs to aframaxes and 26 product carriers ranging from aframaxes to handysize and one LNG carrier.

TEN's employment profile (operating fleet as of March 9, 2012):

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Type of Employment                                               Vessels
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Period Employment - Fixed, fixed w/profit share & min max        28
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Pool - market related                                            6
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Spot - market related                                            14
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TEN's current newbuilding program:

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Suezmax             DWT        Hull Type / Design     Expected Delivery
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1. Suezmax DP2      157,000    DH                     Q4 2012
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2. Suezmax DP2      157,000    DH                     Q1 2013
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DH: Double Hull

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.