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0 0 -1.71463015386125E-16 -1.71463015386125E-16 -1.71463015386125E-16 0.0308880308880307 0.0482625482625483 0.0405405405405405
Stock impact report

Nordic American Tankers Limited (NYSE: NAT) - Tanker market up strongly with good prospects for dividend payments. Dividend declaration.

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
Hamilton, Bermuda, November 1, 2018 Dear Shareholders, Recently, the market rates for our suezmax tankers have turned up strongly. This upswing is illustrated by the fact that the spot market for our ships has gone up four to five times recently. As provided by Fearnleys indexes, here is a snapshot at months beginning, of average reported TCE earning for the first three quarters of 2018. 2nd January 2018 TCE rates ~$6000/day1st February 2018 TCE rates ~$1200/day1st March 2018 TCE rates ~$4100/day4th April 2018 TCE rates ~$5600/day 1st May 2018 TCE rates ~$10500/day1st June 2018 TCE rates ~$11900/day2nd July 2018 TCE rates ~$7400/day1st August 2018 TCE rates ~$9900/day 3rd September 2018 TCE rates ~$8700/day1st October 2018 TCE rates ~$14500/dayYesterday 31th October TCE ~$28700/day   The higher the tanker rates going forward, the better the ability for us to pay dividend - a key policy element of NAT. Spot market earnings are volatile. Volatility is of Show less Read more
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