“We will for sure have a strong first quarter and if the market has legs, it will correct downwards, but it will still be comfortable. I think 2020 will be a good year,” Nikos Tsakos, chief executive of Tsakos Energy Navigation Ltd., said in an interview. Tsakos Energy is a New-York Stock Exchange-listed tanker operator with 70 ships that move crude and oil products for customers including Exxon Mobil Corp., Chevron Corp. and Royal Dutch Shell PLC. Newsletter Sign-up Freight rates spiked on Sept. 25 from $18,500 to almost $30,000 a day shortly after President Trump put sanctions on tankers run by a unit of Chinese state-owned Cosco Shipping Energy Transportation Co. , one of the world’s largest tanker owners and a transporter serving much of China’s oil needs, for allegedly transporting Iranian oil in violation of sanctions. “Very large crude carriers are now around $78,000 a day and […]