Nordic American Tankers (nyse: Nat) –report as Per September 30, 2019. Tanker Upswing Continues.

Hamilton, Bermuda, November 25, 2019

Highlights:

  1. We currently have the strongest tanker market that we have seen in decades. In our fleet of 23 suezmaxes, 21 are in the short term market, providing immediate benefit for nat. The fourth quarter is building a strong momentum for 2020. We expect this to continue.  Political frictions often lead to a stronger tanker market.

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