NAT News and Press, Nordic American Tankers Limited From 09/30/20

DHT has a solid track record of managing the shipping cycles with success from 2013. The company is well-positioned to take advantage of any future growth opportunity. The short-term tanker market outlook supports the company’s counter-cyclical strategy. For further d...

September 23, 2020 Dear Shareholders and Investors, We wish to announce that NAT has entered into two -2- suezmax newbuilding contracts in South Korea, increasing our fleet of suezmaxes to 25 units. The combination of specifications, quality of yard, price, p...

Tanker rates for Very Large Crude Carriers (VLCCs) are highly sensitive to oil transportation volumes, which in turn, are a function of global oil production and consumption. And so it follows that the lower the demand for oil, the lower the demand for tankers. However, a special case develo...

Oil supertankers - which just six months ago enjoyed a windfall as the pandemic cut demand for crude and traders raced to book vessels to store the resulting glut - now earn the lowest in nearly two-and-a-half years . More news on: Frontline Ltd., Nordic American Tankers Limited, Navios M...

Nordic American Tankers ( NAT ) is the most popular tanker stock, commanding superior stock valuations because of its long dividend history. But its capacity to declare generous dividends has been curtailed by debt covenants from its February 2019 Credit Facility with Beal Bank. This may be ...

Nordic American Tankers ( NAT ) released its second quarter and first half 2020 data this morning, and the tanker company has made astounding progress since last year. While the shock to the oil industry was quite unprecedented and rapid, the limbo between contango and backwardation is still o...

August 19, 2020 Agenda and other relevant information (incl. call-in details) will be distributed later. Best regards, Herbjorn Hansson Founder, Chairman & CEO Nordic American Tankers Ltd.                        ...

In a fresh note posted today, Evercore ISI stays cautious on Nordic American Tanker ( NAT -3.7% ) after taking in the company's Q2 earnings report . More news on: Nordic American Tankers Limited, Consumer stocks news, Read more ...

Maritime Shipping Series Review I recently published a sector overview suggesting the maritime shipping sector is the best post COVID-19 opportunity. That update listed five top buying opportunities from five different segments of shipping and highlighted the broad 'catch up trade' opportu...

Note: This report was published July 17, 2020, on Value Investor's Edge. Overview During 2009-2018, shipping was defined by a massive bear market which saw fleeting bull runs. But shipping is highly cyclical. This cyclicality hit a tipping point in 2018, when we began ushering in a...