Markets

TEN, Ltd. Sells 2003-Built Panamax Tanker "Andes" For $13M Cash, Registering $4.6M Capital Gain

Sep 28, 2026 · 04:06 PM ET· updated 1h ago

Dynamic Fleet Growth on Track Five New-Technology Panamaxes on Order Tanker Market Fundamentals Remain Strong ATHENS, Greece, Sept. 28, 2026 (GLOBE NEWSWIRE) — TEN, Ltd. (NYSE:TEN) (the “Company”) today

Why It Matters

TEN sold an old tanker ship for $13 million and made a $4.6 million profit. When a company sells things for more than they paid, it shows the business is doing well.

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Tickers in Play

TEN46.39

+0.16 (+0.35%)

MMM169.77

+0.22 (+0.13%)

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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