Nordic American Tankers Limited
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Herbjorn Hansson
- Full Time Employees
- 18
- Sector
- Industrials
- Industry
- Marine Shipping
- Address
- LOM Building Hamilton HA Bermuda HM 11
- IPO Date
- Sep 30, 1997
- CIK
- 0001000177
- Website
- nat.bm
- Similar Companies
- Business
- Nordic American Tankers Limited (NAT) is a Bermuda-based international tanker company that owns, operates and charters a fleet of double-hull Suezmax crude oil tankers for the transportation of crude oil worldwide; its vessels operate primarily in spot and time charter markets, serving major oil companies, traders and refiners with voyage-by-voyage contracts based on prevailing market rates or fixed-period agreements for stable cash flows; as of late 2025, the fleet comprises approximately 24 modern Suezmax tankers, focusing exclusively on this vessel class for operational efficiency and exposure to one-million-barrel cargo demand. Founded in 1995 and headquartered in Hamilton, Bermuda, the company maintains a lean operation with around 15 employees and emphasizes a high dividend policy amid volatile oil markets. In recent developments, NAT has pursued aggressive fleet renewal and expansion, acquiring multiple Suezmax vessels including the 2016-built units in early 2025 for mid-to-high $60m each, exercising purchase options on the 2018-built Nordic Aquarius and Nordic Cygnus from Ocean Yield, and taking delivery of Nordic Galaxy and Nordic Moon in April 2025; it sold older assets such as the 2003-built Nordic Apollo and 2004-built Nordic Castor, while securing a $150m five-year financing agreement with Beal Bank for seven vessels and announcing a long-term time charter with a major energy company.
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Nordic American Tankers Ltd (NYSE: NAT) – Herbjorn Hansson, increased holding in NAT
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Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO, Herbjorn Hansson purchases more shares in NAT
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