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Stock Market & Financial Investment News

News Breaks
August 4, 2014
08:51 EDTNATNordic American Tankers takes delivery of Nordic Skier
Nordic American Tankers announced that it took delivery of its 22nd Suezmax vessel, the Nordic Skier, built in 2005 at a shipyard in South Korea. The company now has a fully financed fleet of 22 Suezmax vessels in operation.
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September 5, 2014
07:41 EDTNATNordic American Offshore announces two new contracts through 2015
Nordic American Offshore (NAO) has entered into two new contracts with a major oil-company in the UK for one year with a one year option. This will secure employment for two of our vessels up to the end of 2015. NAO has been in operation since end of 2013. It has turned out to be a solid investment for its shareholders, including Nordic American Tankers Limited (NAT) holding 17.1%. NAT has a realized and unrealized profit of about $20M on its investment in NAO.

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