NAT News and Press, Nordic American Tankers Limited From 04/06/22

Wednesday, April 6, 2022 Market information: We have informed you earlier that political uncertainty normally creates strong markets for our vessels. There is now a solid momentum in the market. We are currently securing spot contracts for a month or ...

Gainers: System1 SST +38%, Guardforce AI GFAI +13%, Singularity Future Technology (SGLY) +9%, FreightCar America (RAIL) +9%, Nordic American Tankers (NAT) +7%. Losers: Sky Harbour Group (SKYH) -10%, Virgin Orbit Holdings (VORBW) -10%, Team (TISI) -10%, Agrify (AGFY) -9%, R...

Energy (NYSEARCA:XLE) slumped near the bottom of the week's S&P sector standings, as crude oil prices posted their largest one-week percentage loss in nearly two years. The volatile week left front-month crude plunging 12.8% for U.S. WTI (CL1:COM) to $99.27/bbl and 11.1% for Brent (CO1:CO...

Gainers: Spire Global (SPIR) +14%, Nordic American Tankers (NAT) +11%, Xos (XOS) +11%, Williams Industrial Services Group (WLMS) +8%, Eos Energy Enterprises (EOSE) +7%. Losers: Microvast MVST -8%,  Evolv Technologies (EVLV) -7%, Byrna Technologies (BYRN) -7%...

Wednesday, March 30, 2022 Dear Shareholders and Investors, Alexander Hansson, Board Member of Nordic American Tankers Ltd (NAT) and son of Herbjorn Hansson, the NAT Founder, Chairman and CEO, has today bought 100,000 shares in NAT at $ 1.9841 per share. ...

Monday, March 28, 2022 Dear Shareholders and Investors, In our message of Thursday March 24, 2022, we advised you of our suggested new board member Ms. Jenny Chu. Please see enclosure for her CV. Jenny Chu has extensive experience from US capital markets a...

Thursday, March 24, 2022 Dear Shareholders and Investors, We are pleased to inform you that Ms. Jenny Chu will be suggested to be elected as a Board Member of NAT. This is the first time a female will join the NAT Board. NAT was stocklisted in 1995. She is...

Wednesday, March 23, 2022 Dear Shareholders and Investors, Alexander Hansson, Board Member of Nordic American Tankers Ltd (NAT) and son of Herbjorn Hansson, the NAT Founder, Chairman and CEO, has today bought 100,000 shares in NAT at $ 1.881 per share. Followi...

The Biden Administration's decision to ban oil imports from Russia has posed a major concern for the oil tanker industry. However, an increase in global mobility and economic activities with the world recovering from the worst of COVID-19’s disruptions has led to a surge in oil demand....

Wednesday, March 9, 2022 Dear Shareholders and Investors, The following transactions indicate how active NAT has been recently: Two six-year time charters with Oman interest concluded, securing cashflow, return and financial stability First drawdown for the $88 million new...