Company: TEN-PE
Filing Date: 2025-09-30
Form Type: 6-K
Source: 0001193125-25-225057
Chunk: 7

Company: TSAKOS ENERGY NAVIGATION LTD
Filing Date: 2025-09-30
Form: 6-K
Chunk 7
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 increased by $7.9 million, or 150%, in the first six months of 2025 compared to the prior corresponding period.

| 4 |

Vessel operating expenses

Operating expenses for the three months ended June 30, 2025, and 2024 were:

|                                                                      | Operating expenses 
               2025 |     |      2024 |     |                     |     | Average daily operating expenses per vessel 
                                        2025 |     |  2024 |     |                     |
|:---------------------------------------------------------------------|-------------------:|:----|----------:|:----|:--------------------|:----|--------------------------------------------:|:----|------:|:----|:--------------------|
|                                                                      |          $ million |     | $ million |     | increase/(decrease) |     |                                           $ |     |     $ |     | increase/(decrease) |
| Crew expenses                                                        |               28.3 |     |      26.7 |     | 6.0%                |     |                                       5,358 |     | 5,024 |     | 6.6%                |
| Insurances                                                           |                6.1 |     |       6.3 |     | (3.2)%              |     |                                       1,157 |     | 1,184 |     | (2.3)%              |
| Repairs and maintenance, and spares                                  |                7.7 |     |       8.6 |     | (10.5)%             |     |                                       1,452 |     | 1,627 |     | (10.8)%             |
| Stores                                                               |                3.3 |     |       2.8 |     | 17.9%               |     |                                         632 |     |   533 |     | 18.6%               |
| Lubricants                                                           |                2.3 |     |       2.0 |     | 15%                 |     |                                         433 |     |   375 |     | 15.5%               |
| Other (quality and safety, taxes, registration fees, communications) |                4.6 |     |       3.3 |     | 39.4%               |     |                                         868 |     |   623 |     | 39.3%               |
| Foreign currency (gains) losses                                      |