Nordic American Tankers (NAT)

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Nordic American Tankers Ltd (NYSE: NAT) – For shareholders/investors
Newsfilter· 2025-04-07 09:21
Monday, April 7, 2025 Dear Shareholders and Investors, I wish personally to reassure our shareholders/investors that Nordic American is in a very strong position. In these volatile markets we have maneuvered conservatively, creating an upwards path for NAT. All the best, Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American Tankers Ltd. www.nat.bm CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Matters discussed in this p ...
Nordic American Tankers Ltd (NYSE: NAT) – The NAT fleet is expanding, providing room for continued dividend payments
Globenewswire· 2025-03-14 12:00
Friday, March 14, 2025 Dear Shareholders and Investors, As previously communicated, we recently acquired a Sungdong (South-Korea) built suezmax tanker from a first-class owner. The vessel is expected to be delivered to NAT at the end of this month (March 2025). Sungdong was controlled by the Samsung group at the time. The vessel has been owned by the same company since it was built in 2016. We have now agreed to acquire a sister vessel, from the same owner, also built in 2016 at the same South-Korean y ...
Nordic American Tankers (NAT) - 2024 Q4 - Annual Report
2025-03-05 21:51
Highlights: Exhibit 1 Nordic American Tankers Limited (NYSE: NAT) – Report as per December 31, 2024 – The direction is upwards. Dividend payments continue and are 6 cents this quarter. Friday, February 28, 2025 Ninety day periods offer a short-term snapshot of a company, but it is more instructive to look at the bigger, longer- term picture. The direction of NAT is unquestionably upwards as we create room for profitable growth. Whatever we do, dividends remain our primary objective. As part of our plan to b ...
Nordic American Tankers Ltd (NYSE: NAT) – Report as per December 31, 2024 – The direction is upwards. Dividend payments continue and are 6 cents this quarter
Globenewswire· 2025-02-28 10:36
Friday, February 28, 2025 Dear Shareholders and Investors, Ninety day periods offer a short-term snapshot of a company, but it is more instructive to look at the bigger, longer-term picture. The direction of NAT is unquestionably upwards as we create room for profitable growth. Whatever we do, dividends remain our primary objective. As part of our plan to buy a few ships and sell a few ships, we have since the end of 2024 agreed to purchase one 2016-built suezmax tanker from a first class owner. The ves ...
Nordic American Tankers: Q4 Preview And 2025 Outlook
Seeking Alpha· 2025-02-21 04:06
Group 1 - The article expresses a cautious stance on Nordic American Tankers (NYSE: NAT), suggesting that investors should remain on the sidelines due to a lack of positive catalysts in the near future [1] - The author has a background in hedge fund management and analysis, indicating a level of expertise in evaluating investment opportunities [1] Group 2 - There are no disclosed positions in Nordic American Tankers or any related derivatives, and there are no plans to initiate such positions in the immediate future [2] - The article is based on the author's own opinions and does not represent any business relationship with the companies mentioned [2]
Nordic American Tankers Ltd (NYSE: NAT) –
Newsfilter· 2025-02-05 14:43
REPEAT Wednesday, February 5, 2025 Dear Shareholders and Investors, A major project for 2025 is to renew and grow our fleet. We plan to buy two or three ships and to sell two or three.As a first step, last week we agreed to sell one of our suezmaxes, built in 2003, which will net our company USD 22.5 million and thus strengthen our balance sheet. The buyer will take over the vessel in Q1 2025.We are helped in this major project by our two longtime financing partners, Beal Bank based in Dallas, and Ocean Y ...
Nordic American Tankers Ltd (NYSE: NAT) – An active period going forward
Globenewswire· 2025-02-05 14:31
Wednesday, February 5, 2025 Dear Shareholders and Investors, A major project for 2025 is to renew and grow our fleet. We plan to buy two or three ships and to sell two or three. As a first step, last week we agreed to sell one of our suezmaxes, built in 2003, which will net our company USD 22.5 million and thus strengthen our balance sheet. The buyer will take over the vessel in Q1 2025. We are helped in this major project by our two longtime financing partners, Beal Bank bases in Dallas, and Ocean Yiel ...
Nordic American Tankers Ltd (NYSE: NAT) – An active period involving several transactions
Globenewswire· 2025-01-22 15:30
Wednesday, January 22, 2025 Dear Shareholders and Investors, In the recent past, NAT has carried through several transactions, reflecting a very active period. NAT has declared the purchase option for a 2018-built Suezmax tanker on favorable terms from a close financing partner. Furthermore, we have also sold a 2003-built vessel to a UK based owner. This sale which is expected to close in the second half of February, will produce a cash injection of USD 22.5 million. NAT is in a very solid position and ...
Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO buys more shares in NAT
GlobeNewswire News Room· 2024-12-12 14:51
Thursday, December 12, 2024 Dear Shareholders and Investors, This is to inform you that I personally and a company owned and guaranteed by me have today bought 100,000 shares in NAT at the price of USD 2.6129 per share. Following this transaction the Hansson family owns an aggregate of 8,150,000 shares – being the largest private shareholder group in the company. My son, Monaco-based Alexander Hansson, has 3,600,000 shares in NAT. Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American ...
Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO buys more share in NAT
GlobeNewswire News Room· 2024-12-04 15:01
Group 1 - The company Nordic American Tankers Ltd (NAT) has announced that the Hansson family has purchased 194,341 shares at a price of USD 2.7802 per share, increasing their total ownership to 8,000,000 shares, making them the largest private shareholder group in the company [1] - Alexander Hansson, the son of the founder, has also increased his stake by purchasing 350,000 shares, bringing his total to 3,550,000 shares [1] Group 2 - The company emphasizes the importance of forward-looking statements and includes a cautionary statement regarding the uncertainties and contingencies that may affect future performance [2][3][4] - Factors that could cause actual results to differ from forward-looking statements include global economic conditions, fluctuations in charter rates, changes in demand in the tanker market, and operational expenses [5][6]