Suezmax tanker pure play Nordic American Tankers reported disappointing third quarter results with both revenues and profitability missing consensus expectations by a wide margin. Despite the weak operating performance, the company declared a generous quarterly cash dividend of $0.13 per common share, which is payable on December 22. Earlier this month, the company entered into a letter of inte...
Friday, November 28, 2025 Dear Shareholders and Investors, The direction of NAT is on the upswing. Safety for crew, safety for ships and dividends remain our main priorities.
Friday, November 21, 2025 Dear Shareholders and Investors, Nordic American Tankers Limited (NYSE:NAT) conducted its Annual General Meeting of Shareholders (the "Meeting") today, on November 21, 2025. We experienced a very high turnout at this year's AGM and all resolutions were approved and adopted at the Meeting: Election of Herbjorn Hansson, Alexander Hansson, Jenny Chu and Jim Kelly to s...
Nordic American Tankers Limited is rated a Strong Buy due to its attractive dividend policy and modern, Suezmax-focused fleet. NAT benefits from rising spot market dayrates, with 70% of its vessels exposed to these rates, positioning NAT for substantial earnings growth. Structural tanker market shortages, aging global fleets, and robust oil demand support higher rates and long-term upside for NAT.
Monday, November 3, 2025 Dear Shareholders and Investors, This is to inform you that we have agreed a letter of intent (LOI) involving the construction of two Suezmax tankers at a South Korean shipyard. Deliveries are planned for second half of 2028.
Tuesday, September 30, 2025 Dear Shareholders and Investors, Being the Founder, Chairman & CEO, I have today bought 150,000 shares at $3.11 per share. I now own 5,100,000 shares.
Monday, September 29, 2025 Dear Shareholders and Investors, Please be informed that the date of the Annual General Meeting (AGM) in Nordic American Tankers Limited (NAT) has been set to November 21, 2025. The record date is September 12, 2025, for the determination of the NAT shareholders entitled to receive notice of and to vote at the AGM or any adjournment thereof.
Monday, September 22, 2025 Dear Shareholders and Investors, Non-Executive Vice Chairman and Board member of NAT, Alexander Hansson, has today bought 100,000 shares at $3.27 per share. He is now holding 5,150,000 shares.
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