Nordic American Tanker (NAT) Provides Update on Suezmax Vessels
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Nordic American Tankers Ltd (NYSE: NAT) – An update on the employment of our Suezmax vessels
April 6, 2022 5:42 AM EDTÂ
Wednesday, April 6, 2022
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Market information:
We have informed you earlier that political uncertainty normally creates strong markets for our vessels. There is now a solid momentum in the market.We are currently securing spot contracts for a month or longer at rates above USD 50,000 a day. Our operating costs are about USD 8,000 per day per ship.
NAT has a large part of the fleet operating in the spot market.Â
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 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Matters discussed in this press release may constitute forward-looking statements. The... More
