ATHENS, Greece, Tsakos Energy Navigation
Limited (TEN) (NYSE: TNP) , a leading owner and operator of a fleet of modern
tankers providing marine transportation services for national, major and other
independent oil companies and refiners, announced today that it has received
the esteemed 'Ship Safety Achievement Award' for the vessel Inca from the
Chamber of Shipping of America.1 million dwt by mid-
2007.

Mons S. With a $75 million undrawn commitment , Aries is in a strong
position to pursue future growth opportunities.

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All other
brands, products , or service names are or may be trademarks or service marks
of their respective owners.

"Safe Harbor" Statement Under the Private Securities Litigation Reform Act
of 1995

This press release includes assumptions, expectations, projections,
intentions and beliefs about future events.

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NOTE: WhereNet is a registered trademark of WhereNet Corp.3 years and range in capacity from 1,799 to 2,917 TEU.

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Matthew Schor, a veteran of
multiple container security and Operation Safe Commerce initiatives, will lead
WhereNet's security group. "Tracking and providing real-time
status information about containers in the multi-path, metal-intensive cargo
bay of ships at sea is no trivial task , yet we have successfully demonstrated
this capability through numerous government pilot projects . Outstanding
feats of safety may include, but are not limited to: rescue; assistance to
distressed vessels; transfer of ill or injured persons under difficult sea
conditions; and demonstrations of safety and ship operations which have
contributed to saving a life or a ship.

The Bank of Scotland and Nordea Bank Finland will act as joint lead
arrangers. Following the delivery of two double-hulled products tanker
newbuildings in February and May 2006, the Company's products tanker fleet
will have an average age of 6.

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wherenet.S.3 million dwt.

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"
The Ship Safety Award is presented to vessels that have performed
outstanding feats of safety during the course of a calendar year. Paul Durham, Chief Financial Officer of TEN, has accepted the award on
behalf of the Company during an awards ceremony held in New Orleans, Louisiana
by the Chamber of Shipping of America on June 9, 2005. Nordea Bank Finland will act as the book manager while The Bank
of Scotland will act as Facility Agent. Forward-looking statements include, but are not
limited to, such matters as future operating or financial results;
statements about planned, pending or recent acquisitions , business
strategy, future dividend payments and expected capital spending or
operating expenses , including drydocking and insurance costs; statements
about trends in the container vessel and products tanker shipping markets,
including charter rates and factors affecting supply and demand; our
ability to obtain additional financing; expectations regarding the
availability of vessel acquisitions; and anticipated developments with
respect to pending litigation.

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Positioned to serve
business and government organizations, these systems will greatly enhance
transportation security by providing real-time monitoring and reporting
capabilities for vessels while at sea and at port.

ABOUT TSAKOS ENERGY NAVIGATION
TEN expects to operate a fleet of 38 vessels of 4. The new $360 million facility,
which has favorable terms, will provide for the long-term funding of our
recent products tanker acquisitions while enhancing our financial
flexibility.

About Aries Maritime Transport Limited

Aries Maritime Transport Limited is an international shipping company that
owns and operates products tankers and container vessels.

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Headquartered in Santa Clara , California, with offices throughout the United
States and Europe, WhereNet is funded by Crosspoint Venture Partners,
Foundation Capital, Bay Partners, Crescendo Ventures, and Sun Microsystems.com , or call
408-845-8500 (in the U.
Tsakos, President and CEO of Tsakos Energy Navigation.
Aries plans to use the proceeds of the new facility to replace its current
$140 million term loan facility and $150 million revolving facility. The replay will
be available from Monday, February 13, 2006 to Monday, February 27, 2006. The Company also owns a fleet of
five container vessels.

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"Providing maritime security solutions to our large existing customer base
is a natural extension of our business focus and strategy," said Mark Irvine,
senior vice president and general manager of the transportation , distribution,
and logistics division for WhereNet Corp.
"With the acceptance of this illustrious award, TEN has proven its vision
and commitment to seamanship and maritime professionalism," said Nikolas P. The $360 million facility, which has a
term of five years, is expected to close during the first quarter of 2006. All of the
Company's products tankers and container vessels currently have time
charter coverage. Securities and Exchange
Commission from time to time.

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Global Shippers Look to Proven WhereNet Technology for Security Applications
in Support of President Bush's Homeland Security Presidential Directive-13

SANTA CLARA, Calif.) or +32 3 286 84 50 (in Europe). Coast Guard for its alertness,
outstanding seamanship and search and recovery skills under adverse weather
conditions on March 6, 2004, in successfully recovering three crewman from
their disabled fishing vessel off the Coast of Colombia.

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 . Additionally, The Bank of Scotland
and Nordea Bank Finland, who have fully underwritten the new facility, will
be arranging a syndicate of other major ship financing banks.com.

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"Tracking and
monitoring devices can be a key part of the layered approach needed to secure
maritime and other cargoes, in combination with supply chain intelligence and
targeted inspections.8 million dwt
with an average age of 6.
Aries Maritime Transport Limited (NASDAQ: RAMS) today announced it has signed a commitment letter for a new $360
million revolving credit facility. Bolin, President and Chief Executive Officer , said, "We are pleased
to have secured a commitment for this revolving $360 million credit
facility with leading ship finance banks.

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Eastern Time.3 years and is 100%
double-hulled, consists of five MR tankers, two Panamax tankers and one
Aframax tanker.

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Our demonstrated
ability to monitor containers on terminal, in transit, or aboard ships and to
relay critical information, such as radiation sensor status, adds an important
layer to homeland security.
WhereNet is the first company to deliver a single wireless location and
communication infrastructure that reliably and cost-effectively manages
valuable mobile resources and delivers a complete return on investment within
6-12 months. Following the teleconference, a replay of the call may be accessed
domestically by dialing 877-519-4471 or internationally by dialing
973-341-3080 and entering the reservation number 7039049.

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For more information, visit the WhereNet Web site at http://www.ariesmaritime.

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WhereNet Forms Security Group Within Its Rapidly Growing Transportation Distribution and Logistics Business to Address National Maritime and Port Security Ne

"
As the only company to have successfully installed active RFID, real-time
locating system technology at several marine terminals, WhereNet will further
leverage this technology by developing additional applications to meet
security requirements for marine assets and cargo.

Tsakos Energy Navigation Receives 'Ship Safety Achievement Award' from The Chamber of Shipping of America

PRESS RELEASE Aries Maritime Announces New $360 Million Revolving Credit Facility

The conference call will also be webcast live on the Company's website:
www. The Company's
products tanker fleet , which has an average age of 8.

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, the leader of
wireless solutions for tracking and managing enterprise assets, announced
today that the company is extending its support of a comprehensive national
security maritime strategy through the formation of a security group within
its rapidly growing transportation , distribution, and logistics division."

Conference Call

The Company announced that it will hold a conference call on February 13,
2006 at 11:00 a.

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Department of
Transportation's Maritime Administration (MARAD) and Operation Safe Commerce.
WhereNet provides a proven technology for constant , global, inter-modal
tracking of containers from load to unload, with intrusion and radiation
monitoring .

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The Company's container vessels have an average age
of 16. Important factors that, in our view, could cause actual
results to differ materially from those discussed in the forward-looking
statements include the strength of world economies and currencies, general
market conditions, including changes in charter rates and vessel values,
failure of a seller to deliver one or more vessels, failure of a buyer to
accept delivery of a vessel, inability to procure acquisition financing,
default by one or more charterers of our ships, changes in demand for oil
and oil products, the effect of changes in OPEC's petroleum production
levels, worldwide oil consumption and storage, changes in demand that may
affect attitudes of time charterers, scheduled and unscheduled drydocking,
changes in Aries Maritime Transport Limited's voyage and operating
expenses, including bunker prices, dry-docking and insurance costs, changes
in governmental rules and regulations or actions taken by regulatory
authorities, potential liability from pending or future litigation,
domestic and international political conditions, potential disruption of
shipping routes due to accidents, international hostilities and political
events or acts by terrorists and other factors discussed in Aries Maritime
Transport Limited's filings with the U.S.

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, WhereNet Corp. Based on patented, standards-compliant technology resulting from
a collective 100+ years of development, the WhereNet(R) real-time solutions
enable companies such as BMW, Ford Motor Company, and NYK Logistics to reduce
inventory, lower operating costs, and improve operations. The company has
received the Henry Ford Technology Award; was recognized for strong ROI by
Computerworld; was ranked among the top 10 in the InfoWorld 100; and has been
recognized as a wireless innovator by Forrester Research, Computerworld ROI,
Frontline Solutions, Plant Engineering , and Supply Chain Systems magazines.

The Inca was nominated by the U. These statements are intended
as "forward-looking statements.

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WhereNet is not a newcomer to the transportation security arena, having
successfully executed pilot projects for the U."

About WhereNet Corp. "This accomplishment
is a direct reflection of our dedication to the strict observance of
international maritime regulation, the high quality maritime training of our
employees, and to providing our customers safe, punctual and superior
service.
Mr. Currently it operates a fleet of 25 vessels (including three chartered-
in, one Aframax and two Suezmaxes vessels) of approximately 2.
Its newbuilding program today consists of 13 vessels (5 Suezmax, 2 Aframax, 5
Handymax, 1 LNG ) of 1.

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" We caution that assumptions, expectations,
projections, intentions and beliefs about future events may and often do
vary from actual results and the differences can be material.

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Developed in response to growing customer demand fueled by President Bush's
Homeland Security Presidential Directive-13 (HSPD-13), enacted December 21,
2004, the newly formed security group will work with government officials,
national security experts, and strategic partners to develop solutions that
address critical national needs while ensuring the continued free flow of
trade and efficient port operations.5 years compared to 12 years of the world average. To access the conference call
domestically , dial 888-873-8496 and use the reservation number 7039049; for
international access dial 973-935 -8513 and use the reservation number
7039049.

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S. All
statements in this document that are not statements of historical fact are
forward-looking statements.

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Because of the
severity of the weather conditions M/T Inca was unable to transfer the three
survivors to the Coast guard vessel and they remained on board for the voyage
to Cristobal, where they were repatriated. A replay of the webcast will be available
immediately following the call through Monday, February 27, 2006. The forward-looking statements in this press
release are based upon various assumptions, many of which are based, in
turn, upon further assumptions, including without limitation, management's
examination of historical operating trends, data contained in our records
and other data available from third parties. Although Aries Maritime
Transport Limited believes that these assumptions were reasonable when
made, because these assumptions are inherently subject to significant
uncertainties and contingencies which are difficult or impossible to
predict and are beyond our control, Aries Maritime Transport Limited cannot
assure you that it will achieve or accomplish these expectations, beliefs
or projections described in the forward looking statements contained in
this press release. When used in this document, the words
"anticipate," "estimate," "project," "forecast," "plan," "potential,"
"will," "may," "should ," and "expect" reflect forward-looking statements.

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"The best way to defend our homeland from ocean-bound suspicious cargo is
to make sure that this cargo never has a chance to hit our shores ," said Rob
Quartel, CEO of FreightDesk Technologies, former Federal Maritime
Commissioner, and current member of the Task Force on the Implementation of a
Comprehensive National Strategy for Maritime Security.S.6 years.