Who is Nordic American Tankers Limited (Nat)?

Nordic American Tankers Limited (“NAT”) was incorporated in Bermuda in 1995. In September 1995 NAT sold securities to the public in the US and in Europe. The shares are today trading at the New York Stock Exchange (“NYSE”). The proceeds from the first offering were used to acquire three new Suezmax built at Samsung Heavy Industries Co. Ltd.

Does Nordic American tankers pay dividends?

Nordic American Tankers is a shipping company listed on NYSE. We maintain a Suezmax-only fleet, strong balance sheet, and have paid dividend to our shareholders each quarter since 1997. Our 3Q 2023 Earnings Report is scheduled for release Wednesday November 29, 2023 before NYSE opening. Dividend payments to shareholders each quarter since 1997.

When did Nat buy a new tanker?

On May 2, 2016 we acquired the Nordic Castor, Nordic Pollux, Nordic Sirius and Nordic Luna. On September 27 th , 2016, NAT announced it had ordered three new tankers to be delivered during the second half of 2018, which will increase the total fleet to 33 vessels.

When did Suezmax change its name to Nordic American tankers?

In June 2011, the Company announced a change of its legal name to “Nordic American Tankers Limited” following the Annual General Meeting. In September 2011, the Company acquired its 20th Suezmax vessel, the Nordic Aurora for $24.45 million. The vessel is the sister of the Nordic Sprite, built in 1999 at Samsung Heavy Industries, Korea.