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TEN vs. ESEA: Which Shipping Company is a Stronger Play Now?
ZACKS· 2025-09-26 15:16
Key Takeaways ESEA secures high-rate charters, expands its fleet and ensures stable revenue streams.TEN's fleet utilization rose to 96.9% in 1H25, but falling spot rates hurt revenues.ESEA shares surged 72% YTD versus TEN's 32%, with stronger earnings estimates. Tsakos Energy Navigation Limited (TEN) and Euroseas Limited (ESEA) are two well-known names in the Zacks Transportation - Shipping industry. Both ESEA and TEN are headquartered in Greece.Euroseas focuses on the ocean transportation of containers thr ...