Company: TEN-PE
Filing Date: 2025-04-11
Form Type: 20-F
Source: 0001193125-25-079101
Chunk: 69

Company: TSAKOS ENERGY NAVIGATION LTD
Filing Date: 2025-04-11
Form: 20-F
Item: Item 4
Chunk 69
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 IGF Code are expected to enter into force from January 1 2026 for ships using natural gas as fuel and related to the requirements for metallic materials used in fuel tanks.

  xi.      International Convention on Standards of Training, Certification and Watchkeeping for Seafarers (“ STCW Convention”)  

The International Convention on Standards of Training, Certification and Watchkeeping for Seafarers (“ STCW Convention”) and its associated Code was amended in June 2010 (the “ Manila Amendments”) with such amendments entering into force on January 1, 2012, with a five-year transitional period until January 1, 2017. As of 2018 all seafarers are required to meet the STCW standards and be fully certified in accordance with the revised STCW amendments. Flag states that have ratified SOLAS and STCW generally employ the classification societies, which have incorporated SOLAS and STCW requirements into their class rules, to undertake surveys to confirm compliance. From January 1, 2017, all of our crew's STCW Convention certificates have been issued, renewed and revalidated in accordance with the provisions of the Manila Amendments.

  xii.      Nairobi Wreck Removal Convention 2007 (“ Wreck Convention”)  

The Nairobi Wreck Removal Convention 2007 (“ Wreck Convention”) entered into force on April 14, 2015. The Wreck Convention provides a legal basis for sovereign states to remove, or have removed, shipwrecks that may have the potential to affect adversely the safety of lives, goods and property at sea, as well as the marine and coastal environment. Further, the Wreck Convention makes ship owners financially liable for wreck removal and requires them to take out insurance or provide other financial security to cover the costs of wreck removal. All of our fleet has complied with the certification requirements stipulated by the Wreck Convention with regards to financial security.

  xiii.      Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 (the "Hong Kong Convention")  

The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 (the Hong Kong Convention) enters into force on 26 June 2025. Regulations in the Convention cover: the design, construction, operation and preparation of ships for recycling in a safe and environmentally manner; the operation of ship recycling facilities; and the establishment of an enforcement mechanism for ship recycling as well as certification and reporting requirements. To comply with the Hong Kong Convention,