NEW YORK, NY--(Marketwire - March 27, 2009) - Tsakos Energy Navigation Ltd. ("TEN") (NYSE: TNP) announces that Mr. Nikolas Tsakos, the Company's President and Chief Executive Officer, will appear on Bloomberg TV today, Friday, March 27, 2009, at around 5:30 PM EDT to discuss developments in the global oil and tanker markets. He will be a guest on Bloomberg TV's "Taking Stock" with anchor Julie Hyman.

About Tsakos Energy Navigation

TEN's pro forma fleet consists of 50 vessels of 5.3 million dwt. TEN's operational fleet consists of 46 vessels all of double-hull design. TEN's newbuilding program includes four DNA-aframax crude carriers representing 420,000 dwt.

TEN's fixed employment for remaining 2009 days reaches 70% while for 2010, fixed employment is currently at 43%. Assuming the profit-sharing charters were only to generate the minimum for the remaining days of 2009, TEN would still expect to earn at least another $300 million in gross revenues. For 2010, based on the same assumptions, the minimum gross revenue already secured is currently $180 million.

TEN's balanced fleet profile is reflected in 25 crude tankers ranging from VLCCs to aframaxes and 24 product carriers ranging from aframaxes to handysize; complemented by one LNG.