NAT News and Press, Nordic American Tankers Limited From 11/06/20

November 6, 2020 Dear Shareholders and Investors, We receive many comments and questions regarding the market for our suezmaxes (25 suezmaxes including 2 newbuildings for 2022 delivery). NAT is in a positive phase of development. There has been a certain ...

November 3, 2020 Dear Shareholders and Investors, Nordic American Tankers Limited today announced that its Board of Directors has scheduled the 2020 AGM, to be held on December 18, 2020 at 10:00 a.m., Bermuda time, at 17, Bd Albert 1er, MC98000 Monaco. The Board has set a re...

I shorted EURN in mid-January and NAT at end-January. It had become obvious that IMO 2020 was not living up to expectations and that the virus would affect oil demand and tanker rates. I closed my shorts in March when oil futures prices created a demand for tankers for storage. ...

Alexander Hansson today purchased 45K shares of Nordic American Tankers ([[NAT]] -2.6%) at $3.52.He is a director of the board and is the son of Herbjorn Hansson, the NAT Founder, Chairman & CEO.Ownership structure: For further details see: Nordic American board member pur...

October 16, 2020 Alexander Hansson has today bought 45,000 shares in NAT at $ 3.52. He is a Director of the board of NAT. He is son of Herbjorn Hansson, the NAT Founder, Chairman & CEO. Best regards, Herbjorn Hansson Founder, Chairman & CEO Nordic ...

Nordic American Tanker (NAT) entered into a financing agreement with Ocean Yield subsidiary for the two Suezmax newbuilding contracts with Samsung Heavy Industries that it had announced earlier.Vessels are due for deliver in 1H22.Financing is for up to 80% of the newbuilding price. Agreements...

October 16, 2020 Dear Shareholders and Investors, Further to our message of September 23, 2020, when NAT announced two Suezmax newbuilding contracts with Samsung Heavy Industries for delivery during the first half of 2022. We now wish to announce that NAT has entered into a ...

This review will function as a post-mortem of the popular spring 2020 'tanker trade' or 'floating storage trade.' We review performance as well as dissect which types of firms outperformed. In market theory, dividends are simply an allocation of capital and shouldn't determine multipl...

Tanker orderbook is at a 23-year low. In normal times, this would be supportive for future tanker rates. But the pandemic has changed the short- and long-term outlook for oil consumption and therefore tankers. In 2 of 3 scenarios by BP, it expects that oil demand has already p...

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...