Nordic American Tankers to Offload Tanker Pair

Bermuda-incorporated Suezmax owner Nordic American Tankers (NAT) has decided to sell two ships, thus reducing its fleet size to 31 tanker vessels.

The move has been described as a means of “retaining the flexibility of NAT going forward”.

“We expect that the sales will take place over the next couple of weeks,” Herbjørn Hansson, Chairman & CEO of Nordic American Tankers, said.

NAT did not disclose details on the vessels being sold and World Maritime News is pending a comment on the matter from the company.

The sale is being announced as three newbuildings are expected to join the company’s fleet in July, August and October 2018, respectively.

Hansen added that the fleet adjustment “should be seen in this light.”

Moving forward the company says it is optimistic about the market outlook.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jan 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >

2nd GREENTECH IN SHIPPING GLOBAL FORUM

Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >