ATHENS, GREECE--(Marketwired - May 2, 2017) - Tsakos Energy Navigation Ltd. (NYSE: TNP) announced today that its Annual Report on Form 20-F for the year ended December 31, 2016 has been filed with the Securities and Exchange Commission and can be accessed on the Company's website.

Shareholders may also request a hard copy of the complete audited financial statements, free of charge, by clicking on the annual report prompt under the Contact Us section of the Company's website, http://www.tenn.gr.

Alternatively, shareholders may request a hard copy of the complete audited financial statements, free of charge, by contacting the Company's Investor Relations Advisor at:

Capital Link Inc.
230 Park Avenue, Suite 1536
New York, NY 10169 USA
Tel: (+) 1 212 661 7566
ten@capitallink.com

The Annual Report, other reports and other information regarding the Company are also available without charge at a website maintained by the U.S. Securities and Exchange Commission at http://www.sec.gov.

ABOUT TSAKOS ENERGY NAVIGATION
TEN, founded in 1993, is one of the first and most established public shipping companies in the world today. TEN's pro-forma fleet, including three Aframax tankers under construction, consists of 65 double-hull vessels, constituting a mix of crude tankers, product tankers and LNG carriers, totalling 7.2 million dwt. Of these, 45 vessels trade in crude, 15 in products, three are shuttle tankers and two are LNG carriers.

COMPANY'S GROWTH TIME-TABLE

#   Vessel Name   Type   Dwt   Delivery   Status   Employment
1  Ulysses  VLCC  300,000  May 2016  Delivered  Yes
2  Elias Tsakos  Aframax  112,700  June 2016  Delivered  Yes
3  Thomas Zafiras  Aframax  112,700  Aug 2016  Delivered  Yes
4  Leontios H  Aframax  112,700  Oct 2016  Delivered  Yes
5  Parthenon TS  Aframax  112,700  Nov 2016  Delivered  Yes
6  Sunray  Panamax LR1  74,200  Aug 2016  Delivered  Yes
7  Sunrise  Panamax LR1  74,200  Sep 2016  Delivered  Yes
8  Maria Energy  LNG  93,616  Oct 2016  Delivered  Yes
9  Hercules I  VLCC  300,000  Jan 2017  Delivered  Yes
10  Marathon TS  Aframax  112,700  Feb 2017  Delivered  Yes
11  Lisboa  DP2 Shuttle  157,000  Mar 2017  Delivered  Yes
12  Sola TS  Aframax  112,700  Apr 2017  Delivered  Yes
13   Oslo TS   Aframax   112,700   Q2 2017   TBD   Yes
14   Stavanger TS   Aframax   112,700   Q3 2017   TBD   Yes
15   Bergen TS   Aframax   112,700   Q4 2017   TBD   Yes
                         

ABOUT FORWARD-LOOKING STATEMENTS
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. TEN undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.