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Stock impact report

Nordic American Tankers Ltd (NYSE: NAT) – Chaotic conditions create more transportation work for NAT

Nordic American Tankers Limited (NAT) 
Last nordic american tankers limited earnings: 2/18 06:51 am Check Earnings Report
US:NYSE Investor Relations: nat.bm/investor-relations
Company Research Source: GlobeNewswire
  Monday, April 13, 2026 Dear Shareholders and Investors, In these chaotic times, many of you ask us about the energy markets and what consequences these may have for our business. First, our main priority is the safety of our crew. Second, NAT is in the business of transporting energy. We are never involved in politics. Geopolitical uncertainty normally increases demand for our services. The market for us is strong. As an example, we just fixed a 1-year Time Charter with a major customer at a rate of about $75,000/day. Our operating costs are less than $10,000/day.      Our main customers are the largest energy companies in the world, including Exxon, Shell, British Petroleum, Total and Equinor. These companies lease our ships on a regular basis and account for more than 50% of our business. We have ships in the AG area. This does not represent an insurance problem. In the present, very strong market, we have adjusted our fleet by selling some of our vessels built in 2003, Show less Read more
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