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Stories from the Sea
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Nissos Mykonos in the Port of Chios
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Mooring Prelude FLNG
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Nordic American Tankers Shrinks Quarterly Loss
NAT wrapped up the fourth quarter of this year with a net loss of USD 10.5 million.
read more →NAT Lands USD 306 Mn Loan
The company says the financing will continue to secure a competitive cash break-even rate for NAT.
read more →KLP Excludes NAT from Its Investments
Norway's largest pension company KLP excludes NAT from its investments.
read more →90 Pct of Tonnage Scrapped on South Asian Beaches
A total of 744 large ocean-going commercial vessels were sold to the scrap yards in 2018.
read more →NAT Rejuvenates Fleet by Selling Two Older Tankers
Nordic American Tankers has sold two of its 1999-built tankers, the Nordic Aurora and the Nordic Sprite.
read more →NAT Sinks Deeper into the Red
NAT posted a net loss of USD 38 million for Q3, 2018, widening its loss from last year's USD 34.2 million.
read more →Ocean Yield Buys Chemical Tanker Pair
Ocean Yield is acquiring two 2015-built 37,000 dwt IMO II chemical tankers for USD 51 million.
read more →NAT's Tanker Rates Witness Strong Upswing
Tankers have recently experienced a strong recovery in the spot market, which tripled from just a few months back.
read more →Ocean Yield's Newbuilding Starts Charter with NAT
Fresh from delivery from SHI, Nordic Cygnus started the hell and high water charter with Nordic American Tankers.
read more →New Suezmax Tanker with 10-Year Charter Joins Ocean Yield
Ocean Yield has taken delivery of a newbuilding suezmax crude tanker from Samsung Heavy Industries.
read more →NAT Sells Three More Suezmax Veterans
Nordic American Tankers has sold three more Suezmaxes, bringing the total number of sold vessels to eight.
read more →Nordic American Tankers Abandons Bond Offering
Suezmax owner Nordic American Tankers (NAT) has decided to abandon its previously planned bond offering.
read more →NAT Fixes Newbuilding Suezmax with Equinor
Nordic American Tankers has secured a 3-year time charter deal, plus options, for one of its new Suezmaxes.
read more →NAT Disposes of Three More Suezmax Oldies
Nordic American Tankers (NAT) revealed plans to sell three older Suezmax tankers.
read more →Nordic American Tankers Completes Sale of Tanker Duo
Nordic American Tankers has completed the sale of the two tankers announced earlier this month.
read more →NAT Reports Net Loss in Q1
Suezmax owner Nordic American Tankers ended Q1 2018 with a widened net loss year over year.
read more →Nordic American Tankers to Offload Tanker Pair
Nordic American Tankers has decided to sell two ships, thus reducing its fleet size to 31 tanker vessels.
read more →NAT Widens Full-Year Loss but Bullish on 2018
Due to volatility in the tanker shipping industry, NAT ended 2017 with a net loss of USD 75.5 million.
read more →Nordic American Tankers Expands Charter Portfolio
Nordic American Tankers (NAT) has entered into a one-year term charter with Cepsa for the 2004-built Nordic Castor.
read more →CEO: 2018 a Turning Point for NAT
CEO of Nordic American Tankers expects 2018 to be a better year for the company than 2017.
read more →NAT Launches Public Offering as Part of Recapitalization
NAT has announced an underwritten public offering of USD 100 million of its common shares.
read more →