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                 
|Juliet Shipping Company Limited    |  | Liberia                 
|Rigoletto Shipping Company Limited |  | Liberia                 
|Grevia Marine Co. Ltd.             |  | Cyprus                  
|Azimuth Shipping Company Ltd.      |  | Liberia                 
|Bosphorus Shipping Co. Ltd.        |  | Liberia                 
|Oceana Shipping Company Ltd.       |  | Liberia                 
|Fortitude Shipping Co. Ltd.        |  | Malta                   
|Klera Navigation Co. Ltd.          |  | Cyprus                  
|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                 
|Mare Success S.A.                  |  | Panama