SOURCE: Capital Link, Inc.

Capital Link, Inc.

December 17, 2014 08:00 ET

Complimentary Transcript Available for Crude Oil Tanker Webinar

Roundtable Discussion With CEOs of DHT Holdings, Inc., Euronav NV & Tsakos Energy Navigation

NEW YORK, NY--(Marketwired - Dec 17, 2014) - Capital Link announced the availability of the transcript for its latest webinar focused on crude oil tanker shipping sector that took place this Monday, December 15, 2014 at 10:00 am EST.

The webinar was moderated by Benjamin Nolan, CFA, Director, Stifel Financial Corp. and included the following panelists:

  • Svein Moxnes Harfjeld, Co-CEO, DHT Holdings, Inc. (NYSE: DHT)
  • Patrick Rodgers, CEO, Euronav NV (EURONEXT: EURN)
  • Nikolas Tsakos, President & CEO, Tsakos Energy Navigation (NYSE: TNP)

As part of this webinar, the panelists discussed trends and developments in the crude oil sector, including the effect of declining oil prices on the sector and topics such as supply and demand, asset values and freight rates, second hand and newbuild markets, access to capital -- all key factors affecting the crude oil tanker market today. The discussion focused on the sector and not on individual companies.

The transcript of the panel discussion is available at no cost. Those who are interested can request a copy by emailing transcripts@capitallink.com.

Additionally, you can access the webinar replay by accessing the link below http://webinars.capitallink.com/2014/crude/index.html.

ABOUT DHT HOLDINGS, INC.
DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC, Suezmax and Aframax segments. We operate through our integrated management companies in Oslo, Norway and Singapore. You shall recognize us by our business approach with an experienced organization with focus on first rate operations and customer service, quality ships built at quality shipyards, prudent capital structure with robust cash break even levels to accommodate staying power through the business cycles, a combination of market exposure and fixed income contracts for our fleet and a transparent corporate structure maintaining a high level of integrity and good governance. For further information: www.dhtankers.com

ABOUT EURONAV
Euronav is one of the world's leading independent tanker companies engaged in the ocean transportation and storage of crude oil. The company is headquartered in Antwerp, Belgium, and has offices throughout Europe and Asia. Euronav is listed on NYSE Euronext Brussels under the symbol EURN. Euronav employs its fleet both on the spot and period market. VLCCs on the spot market are traded in the Tankers International pool of which Euronav is one of the major partners. Euronav's owned and operated fleet consists of 53 double hulled vessels being 1 VPlus, 2 FSO vessels (both owned in 50%-50% joint venture), 27 VLCCs of which 1 in joint venture and 23 Suezmaxes (of which 4 in joint venture). The last remaining Maersk vessel (TBN Sandra (2011 - 323,527 dwt)) is expected to be delivered between the fourth quarter of 2014 and the first quarter of 2015. The company's vessels mainly fly Belgian, Greek, French and Marshall Island flags. More detailed information can be found on the company's website: www.euronav.com

ABOUT TSAKOS ENERGY NAVIGATION
To date, TEN's fleet, including the LNG carrier Maria Energy, nine Aframax crude oil tankers, two LR1 tankers and one Suezmax DP2 all under construction, consists of 64 double-hull vessels (including Suezmax DP2 option), a mix of crude tankers, product tankers and LNG carriers, totaling 6.72 million dwt. Of these 44 vessels trade in crude, 14 in products, four are shuttle tankers (including Suezmax DP2 option) and two LNG carriers. The average age of the operational fleet is 7.2 years.

All TEN's newbuildings, except the Maria Energy, are fixed on accretive long term project business. Finance for 10 out of 14 newbuilding vessels has been arranged and discussions for the remainder are in progress. For further information please visit the company's website at www.tenn.gr

ABOUT THE ORGANIZER - CAPITAL LINK INC.
Capital Link is an Advisory, Investor Relations and Financial Communications firm with strategic focus, among other, on the maritime industry working with the majority of sector companies listed on the U.S. and European Exchanges. Capital Link's headquarters are in New York with a presence in London, Athens and Oslo. It is a member of the Baltic Exchange. In our effort to enhance the information flow to the investment community and improve investor knowledge of shipping, Capital Link has undertaken a series of initiatives beyond the traditional scope of our investor relations activity through its websites, weekly newsletter, webinars, forums, and the Capital Link Maritime Indices.

Contact Information

  • CONTACT
    For further information please contact:
    Nicolas Bornozis
    Capital Link, Inc.
    Tel. (212) 661-7566
    Email: forum@capitallink.com