Exhibit 8

LIST OF SUBSIDIARIES OF TSAKOS ENERGY NAVIGATION LIMITED



|                                 |  |                          |  | 
|-------------------------------- |  | ------------------------ |  | 
|Company                          |  | Country of Incorporation |  | 
|Oak Shipping Co. Ltd.            |  | Liberia                  |  | 
|Avra Trading Co. Ltd.            |  | Liberia                  |  | 
|Romeo Shipping Company Limited   |  | Liberia                  |  | 
|Figaro Shipping Company Limited  |  | Liberia                  |  | 
|Grevia Marine Co. Ltd.           |  | Cyprus                   |  | 
|Azimuth Shipping Company Ltd.    |  | Liberia                  |  | 
|Freeport Dominion S.A.           |  | Panama                   |  | 
|Freeport Faith S.A.              |  | Panama                   |  | 
|Ergo Glory S.A.                  |  | Panama                   |  | 
|World Excellence S.A.            |  | Panama                   |  | 
|Apollo Honour S.A.               |  | Panama                   |  | 
|Apollo Glory S.A.                |  | Panama                   |  | 
|Apollo Excellence S.A.           |  | Panama                   |  | 
|Activity Excellence S.A.         |  | Panama                   |  | 
|Worldwide Overseas S.A.          |  | Panama                   |  | 
|Sea Mentor S.A.                  |  | Panama                   |  | 
|Sea Polar S.A.                   |  | Panama                   |  | 
|Fortune Faith S.A.               |  | Panama                   |  | 
|Victory Faith S.A.               |  | Panama                   |  | 
|Victory Spirit S.A.              |  | Panama                   |  | 
|Victory Mare S.A.                |  | Panama                   |  | 
|Universal Reserve S.A.           |  | Panama                   |  | 
|Sea Countess S.A.                |  | Panama                   |  | 
|Global Triumph S.A.              |  | Panama                   |  | 
|Fairsea Enterprises S.A.         |  | Panama                   |  | 
|Freeport Champion S.A.           |  | Panama                   |  | 
|Prosperity Faith S.A.            |  | Panama                   |  | 
|Prosperity Success S.A.          |  | Panama                   |  | 
|Mercury Emerald S.A.             |  | Panama                   |  | 
|Powerful Shipping S.A.           |  | Panama                   |  | 
|Sea Optima S.A.                  |  | Panama                   |  | 
|Shipping Celebrity S.A.          |  | Panama                   |  | 
|Southport Marine S.A.            |  | Panama                   |  | 
|Southport Maritime S.A.          |  | Panama                   |  | 
|Sea Pioneer S.A.                 |  | Panama                   |  | 
|Sea Celebrity S.A.               |  | Panama                   |  | 
|Gladiator Shipping Services S.A. |  | Panama                   |  | 
|Southport Navigation S.A.        |  | Panama                   |  | 
|Triton Success S.A.              |  | Panama                   |  | 
|Triton Triumph S.A.              |  | Panama                   |  | 
|Optima Maritime S.A.             |  | Panama                   |  | 
|Optima United S.A.               |  | Panama                   |  | 
|Bayswater Trading Co. Ltd.       |  | Liberia                  |  | 
|Kerry Trading Company Limited    |  | Liberia                  |  | 
|Marine Velvet S.A.               |  | Panama                   |  | 
|Medway Sea S.A.                  |  | Panama                   |  | 
|Sayers Shipping Corp.            |  | Liberia                  |  | 
|Maynard Shipping Corp.           |  | Liberia                  |  | 
|Payton Shipping Corp.            |  | Liberia                  |  | 
|Dorsett Shipping Corp.           |  | Liberia                  |  | 
|Pearsall Shipping Corporation    |  | Liberia                  |  | 
|Angleton Shipping Corporation    |  | Liberia                  |  | 
|Mare Success S.A.                |  | Panama                   |  |