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NAT - Nordic American Tankers takes delivery of newbuilding Suezmax vessel
Nordic American Tankers Limited
Nordic American Tanker (NYSE:NAT) took delivery of a newbuilding suezmax tanker, ~150K tons, from Samsung Heavy Industries in South Korea. The vessel will commence a contract for six years to ASYAD Shipping Company of the Sultanate of Oman. The contract is producing earnings and cashflow as from delivery from the yard. The company is expecting another newbuilding from Samsung at June-end which will also be contracted for six years to the Sultanate of Oman.