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home / news releases / NAT - Nordic American Tankers announces delivery of new vessels and long term contracts for two vessels

NAT - Nordic American Tankers announces delivery of new vessels and long term contracts for two vessels

Nordic American Tankers Limited
Nordic American Tankers (NYSE:NAT) announced that the suezmax tanker newbuilding vessel it took delivery recently from Samsung shipyard in South Korea was named Nordic Harrier. The second newbuilding, to be named Nordic Hunter, will be delivered in a few days and will also commence a contract for six years to ASYAD Shipping Company of the Sultanate of Oman. The contract begins immediately on delivery from the yard and also generate earnings and cash-flow and further strengthening the NAT position in the crucial Middle East region. Both newbuildings are fully financed through the company's partner Ocean Yield, a company controlled by Kohlberg Kravis Roberts.

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Nordic American Tankers announces delivery of new vessels and long term contracts for two vessels
Stock Information
Company Name: Nordic American Tankers Limited
Stock Symbol: NAT
Market: NYSE
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