Company: TEN-PE
Filing Date: 2025-09-30
Form Type: 6-K
Source: 0001193125-25-225057
Chunk: 42

Company: TSAKOS ENERGY NAVIGATION LTD
Filing Date: 2025-09-30
Form: 6-K
Chunk 42
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2030 and thereafter   |     |   | 104,943 |
|                       |     | $ | 146,920 |

8. Interest and Finance Costs, net

Interest and Finance Costs, net (Table)

|                                                                       | Three months ended June 30, |     |        |     | Six months ended June 30, |     |        |
|                                                                       |                        2025 |     |   2024 |     |                      2025 |     |   2024 |
| Interest expense                                                      |                      26,073 |     | 31,437 |     |                    52,064 |     | 60,931 |
| Less: Interest capitalized                                            |                      -3,128 |     | -1,802 |     |                    -5,672 |     | -3,245 |
| Interest expense, net                                                 |                      22,945 |     | 29,635 |     |                    46,392 |     | 57,686 |
| Bunker and other commodities swaps, cash settlements                  |                          56 |     |   -521 |     |                       -73 |     | -1,119 |
| Amortization of deferred finance costs                                |                         749 |     |  1,055 |     |                     1,586 |     |  1,872 |
| Bank charges                                                          |                          47 |     |     59 |     |                        75 |     |     60 |
| Amortization of deferred gain on termination of financial instruments |                        -225 |     |   -882 |     |                      -733 |     | -2,094 |
| Change in fair value of non-hedging financial instruments             |                       1,406 |     |    707 |     |                     1,733 |     | -1,207 |
| Net total                                                             |                      24,978 |     | 30,053 |     |                    48,980 |     | 55,198 |

| F- 
 14 |

TSAKOS ENERGY NAVIGATION LIMITED AND SUBSIDIARIES NOTES TO INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) JUNE 30, 2025 AND 2024 (Expressed in thousands of U.S. Dollars, except for share and per share data, unless otherwise stated)

Interest expense was $ 26,073for the second quarter of 2025, compared to