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Monday, December 22, 2025 Dear Shareholders and Investors, I am pleased to disclose that I, as the Founder, Chairman & CEO of NAT, today have bought 200,000 shares at $3.50 per share, bringing my total holding to 5,300,000 shares. Simultaniously, my son, Alexander Hansson, Vice-Chair of NAT has bought 200,000 shares at $3.50 per share, bringing his holding to 5,350,000 shares.
Thursday, December 18, 2025 Dear Shareholders and Investors, NAT has today entered into firm agreements to sell two suezmax tankers (2004 and 2005-built) at a net price of $50 million for both vessels, improving our cash position correspondingly. The vessels are expected to be delivered to the buyers during January 2026.
Friday, December 12, 2025 Dear Shareholders and Investors, Below are the recent spot fixtures, showing the strong level of the market for our suezmax vessels. There is a scarcity of vessels, producing room for the high rates.
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.
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