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home / news releases / NAT - Nordic American Tankers Limited: Views Rate Collapse As Short-Term Phenomenon After Ordering 2 More Tankers

NAT - Nordic American Tankers Limited: Views Rate Collapse As Short-Term Phenomenon After Ordering 2 More Tankers

Nordic American Tankers Limited
  • Spot tanker rates have collapsed.
  • NAT share price down 41% since my last article May 11th.
  • Suez canal tanker traffic down 27% in October.
  • Coronavirus has caused much of Europe to go into lockdowns, dampening oil demand.
  • Demand outlook for 2021 bleak.

For further details see:

Nordic American Tankers Limited: Views Rate Collapse As Short-Term Phenomenon After Ordering 2 More Tankers
Stock Information
Company Name: Nordic American Tankers Limited
Stock Symbol: NAT
Market: NYSE
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