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0.00121506682867555 0.0024301336573511 0 -0.00121506682867555 0 0.0024301336573511 -0.00607533414337797 -0.0024301336573511
Stock impact report

Nordic American Tankers Ltd (NYSE: NAT) – Important transactions in a strong market. Solid prospects [Yahoo! Finance]

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: Yahoo! Finance
The earlier announced preliminary agreements for the construction of two suezmax tankers have now been signed.The price is $86 million for each ship. The South Korean shipyard Daehan Shipbuilding is the builder. The ships will be delivered to NAT in 2028. This week we have also finalized the previously announced sale of two vessels built 2004 and 2005. The two ships have been delivered to the buyer. The net cash to NAT is $50 million. These transactions show an active period. We have refinanced parts of our fleet, sold four ships, bought two ships, and ordered two newbuildings. We experience a very favorable tanker market. NAT is in a solid position. Sincerely, Herbjorn Hansson Founder, Chairman & CEO Nordic American Tankers Ltd. www.nat.bm CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protection Show less Read more
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