Dr. Nikolas P. Tsakos Honored for His Contribution to the Maritime Industry and Philanthropy

Rhea-AI Summary

Tsakos Energy Navigation (NYSE: TEN) announced that Dr. Nikolas P. Tsakos, founder and CEO, was honored at the Chrysanthemum Ball Gala in New York on October 24, 2025 for his contribution to the maritime industry and philanthropy.

The recognition highlighted his leadership and the Tsakos family’s philanthropic work: the Maria Tsakos Public Benefit Foundation (est. 2010), the Tsakos Enhanced Education Nautical School (opened 2018) that has fully financed education for >500 students, and the Tsakos Merchant Marine Academy inaugurated in September 2024 in Chios.

ATHENS, Greece, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Dr. Nikolas P. Tsakos, Founder & CEO of Tsakos Energy Navigation (“TEN”) was honored at the annual “Chrysanthemum Ball” Gala in New York, a leading social and philanthropic event organized by the Philanthropic Brotherhood of the Archdiocesan Cathedral of the Holy Trinity.

Held on October 24, 2025, this year’s gala paid tribute to Dr. Tsakos’s enduring contribution to the global maritime industry and his lifelong dedication to philanthropy, education, and community welfare. The recognition was presented before an audience of top diplomats, business leaders, shipowners, and prominent members of the international and Hellenic diaspora, acknowledging Dr. Tsakos’s leadership, integrity, and humanitarian vision.

Continuing a long family tradition of giving, the Tsakos family established in 2010 the Maria Tsakos Public Benefit Foundation – International Centre for Maritime Research and Tradition in Chios, in honor of the late Maria P. Tsakos.

In 2018, the Foundation opened the Tsakos Enhanced Education Nautical School on the island of Chios, Greece’s first private, non-profit nautical high school/lyceum (ages 14-17) dedicated to maritime education.

Since its inception, the Foundation has fully financed the education of more than 500 students across Greece, South America, and West Africa.

Building upon this milestone, in September 2024, the Foundation inaugurated the Tsakos Merchant Marine Academy also in Chios, marking the establishment of the first non-state, non-profit merchant marine academy in Greece. This initiative redefines maritime education, combining academic excellence with hands-on seamanship and environmental stewardship.

The short video showcases the Foundation’s ongoing contribution to maritime education and social welfare.

ABOUT TEN Ltd.

Founded in 1993 and celebrating 32 years as a public company, TEN is one of the first and most established public shipping companies in the world. TEN's diversified energy fleet currently consists of 82 vessels, including ten DP2 shuttle tankers, three VLCCs, one scrubber fitted suezmax vessel, two scrubber-fitted MR product tankers and five scrubber-fitted LR1 tankers under construction, consisting of a mix of crude tankers, product tankers and LNG carriers totaling approx. 11 million dwt.

For further information, please contact:

Company
Tsakos Energy Navigation Ltd.
George Saroglou
President &COO
+30210 94 07 710
gsaroglou@tenn.gr

Investor Relations / Media
Capital Link, Inc.
Nicolas Bornozis Markella Kara
+212 661 7566
ten@capitallink.com 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/56d120c6-db8e-4a1d-8517-c43128ef5b46

FAQ

What did TEN announce about Dr. Nikolas P. Tsakos on October 30, 2025?

TEN said Dr. Nikolas P. Tsakos was honored at the Chrysanthemum Ball Gala on October 24, 2025 for maritime and philanthropic contributions.

How has the Tsakos family supported maritime education according to TEN (symbol TEN)?

The family created the Maria Tsakos Public Benefit Foundation in 2010, financed education for >500 students, and opened two nautical schools in 2018 and September 2024.

What is the Tsakos Enhanced Education Nautical School mentioned by TEN (TEN)?

Opened in 2018 in Chios, it is described as Greece’s first private non-profit nautical high school for ages 14–17, funded by the Foundation.

When was the Tsakos Merchant Marine Academy opened and what is its significance?

TEN noted the academy inaugurated in September 2024 is the first non-state, non-profit merchant marine academy in Greece.

How many students has the Tsakos Foundation financed according to the announcement for TEN (symbol TEN)?

The announcement states the Foundation has fully financed education for more than 500 students across Greece, South America, and West Africa.

Who attended the Chrysanthemum Ball event where TEN’s CEO was honored?

The honor was presented before diplomats, business leaders, shipowners, and prominent members of the international and Hellenic diaspora.