Nordic American Tankers Ltd (NYSE: NAT) – Very strong market continues
Key Highlights
- ➤Nordic American Tankers enters contracts at historically high levels
- ➤Lower oil prices benefit Nordic American Tankers through higher oil consumption
- ➤Exceptional tanker market conditions expected to continue
- ➤Nordic American Tankers can continue paying dividends and accumulating cash
Expert Statements
Herbjorn Hansson, Founder, Chairman & CEO of Nordic American Tankers Ltd.
“We are pleased to inform you that the very strong market for our ships continue.”
Herbjorn Hansson, Founder, Chairman & CEO of Nordic American Tankers Ltd.
“We enter into contracts at historically high level, which have not been seen earlier.”
Herbjorn Hansson, Founder, Chairman & CEO of Nordic American Tankers Ltd.
“Now the price of oil goes down. This in an advantage for Nordic American.”
Herbjorn Hansson, Founder, Chairman & CEO of Nordic American Tankers Ltd.
“The lower the oil price, the higher oil consumption.”
Herbjorn Hansson, Founder, Chairman & CEO of Nordic American Tankers Ltd.
“In the final analysis, the most important element in tanker economics is the concept of ton mile.”
Herbjorn Hansson, Founder, Chairman & CEO of Nordic American Tankers Ltd.
“The longer distance oil is being transported, the more advantageous it is for NAT.”
Herbjorn Hansson, Founder, Chairman & CEO of Nordic American Tankers Ltd.
“We expect that the exeptional market conditions will continue in the time to come.”
Herbjorn Hansson, Founder, Chairman & CEO of Nordic American Tankers Ltd.
“We are able to continue to pay dividend and to accumulate cash in NAT.”
We are pleased to inform you that the very strong market for our ships continue. We enter into contracts at historically high level, which have not been seen earlier.
Now the price of oil goes down. This in an advantage for Nordic American. The lower the oil price, the higher oil consumption.
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