NAT News and Press, Nordic American Tankers Limited From 06/21/22

Gainers: CEA Industries (CEAD) +78%, Momentus (MNTS) +14%, Nordic American Tankers (NAT) +13%, System1 (SST) +13%, Archer Aviation (ACHR) +12%. Losers: Virgin Orbit (VORB) -9%, Sidus Space SIDU -8%, NN (NNBR) -8%, JE Cleantech (JCSE) -7%, Berkshire Grey (BGRY) -7%. For f...

Spot market rates for liquefied natural gas tankers set new records for the year this week as traders bid up available vessels to meet rising global demand, Reuters reported on Monday. Spot rates for transporting 160k cm of LNG in the Atlantic Basin reached $100K/day and $85K/for Asia, or the...

Monday, June 13, 2022 Dear Shareholders and Investors, Our business is constantly shaped by news. As we approach the fifth month of the crisis between Russia and Ukraine,  we can better see how this situation  is reshaping the flow of energy itself. A key ele...

Nordic American Tankers (NYSE:NAT) has announced sale of the last of its originally four 2002-built suezmax tankers, the "Nordic Moon." The tanker was sold for about $16M net to NAT. It will be delivered to the new owners in June 2022. Additionally, the tanker company plans to take delivery o...

Tuesday, June 7, 2022 Dear Shareholders and Investors, We wish to inform you that we have sold the last of our originally four 2002 built suezmax tankers, the “Nordic Moon”. The price is about $16 million net to NAT. The vessel will be delivered to the ne...

Tuesday, June 7, 2022 Dear Shareholders and Investors, Nordic American Tankers Limited today announced that it has scheduled the 2022 AGM to be held in Monaco on November 17, 2022 at 3 pm, Monaco time. Further documentation, including record date and a n...

Thursday, June 2, 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 115,000 shares in NAT at $ 2.08 per share. Following this tra...

Nordic American Tankers (NYSE:NAT) declares $0.02/share quarterly dividend, 100% increase from prior dividend of $0.01. Forward yield 3.48% Payable July 6; for shareholders of record June 14; ex-div June 13. See NAT Dividend Scorecard, Yield Chart, & Dividend Growth. For further details...

Nordic American Tankers press release (NYSE:NAT): Q1 GAAP EPS of -$0.14 misses by $0.03. Revenue of $15.52M (-17.5% Y/Y) misses by $6.41M. Shares +2% PM. "The average TCE for our active fleet during the first quarter of 2022 came in at $8,870 per day per ship. So far in the second quarter of ...

Tuesday, May 31, 2022 Dear Shareholders and Investors, Please see HIGHLIGHTS and enclosed 1Q 2022 report below. HIGHLIGHTS: The future of our business is sound The uncertainty created by the Russia/Ukraine conflict is reshaping the energy map of the w...