NAT Fleet Expansion Program

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Nordic American Tankers informed the market that we are working to sell a few ships and to buy some ships. For your easy reference, says an article published on their website.

A well underway plan

 At this time, we have agreed to sell one of our ships. We expect the transaction to be fixed and firm shortly, As indicated above, we look at further sales and purchases of Suezmax in the time to come.

Market balanced

The market for our 25 suezmaxes is finely balanced. We agree with those (analysts) who now expect a strong upswing.

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Source: GlobalNewsWire