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Tsakos Energy Navigation Announces Second Quarter 2011 Financial Results Release Date, Conference Call and Webcast

News Release Tsakos Energy Navigation Ltd. July 18, 2011
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<P align=left>ATHENS, GREECE - July 18, 2011 - Tsakos Energy Navigation Limited
("TEN" or the</P>
<P align=left>"Company") (NYSE:TNP) will report earnings for the second quarter
ended June 30, 2011</P>
<P align=left>prior to the open of the market on Thursday, July 28, 2011.</P>
<P align=left>That same morning, at 10:00 a.m. Eastern Time, TEN will also host
a conference call to review</P>
<P align=left>the results as well as management's outlook for the business. The
call, which will be hosted by</P>
<P align=left>TEN's senior management, may contain information beyond what is
included in the earnings</P>
<P align=left>press release.</P>
<P align=left>Conference Call details:</P>
<P align=left>Participants should dial into the call 10 minutes before the
scheduled time using the following</P>
<P align=left>numbers: 1 866 819 7111 (US Toll Free Dial In), 0800 953 0329 (UK
Toll Free Dial In) or +44</P>
<P align=left>(0)1452 542 301 (Standard International Dial In). Please quote
"Tsakos" to the operator.</P>
<P align=left>A telephonic replay of the conference call will be available until
August 4, 2011 by dialing 1 866</P>
<P align=left>247 4222 (US Toll Free Dial In), 0800 953 1533 (UK Toll Free Dial
In) or +44 (0)1452 550 000</P>
<P align=left>(Standard International Dial In). Access Code: 90295809#</P>
<P align=left>Simultaneous Slides and Audio Webcast:</P>
<P align=left>There will also be a simultaneous live, and then archived, slides
webcast of the conference call,</P>
<P align=left>available through TEN' website (www.tenn.gr). The slides webcast
will also provide details</P>
<P align=left>related to fleet composition and deployment and other related
company information. This</P>
<P align=left>presentation will be available on the Company's corporate website
reception page at</P>
<P align=left>www.tenn.gr. Participants for the live webcast should register on
the website approximately 10</P>
<P>minutes prior to the start of the
webcast.</P></FONT></FONT></DIV></BODY></HTML>