Nordic American Tankers Takes Delivery of Suezmax Newbuilding

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Nordic American Tanker has taken delivery of a newbuilding suezmax tanker, ~150K tons, from Samsung Heavy Industries in South Korea, reports Global Newswire.

6-year contract

The vessel will commence a contract for six years to ASYAD Shipping Company of the Sultanate of Oman.

The contract is producing earnings and cashflow as from delivery from the yard.

The company is expecting another newbuilding from Samsung at June-end which will also be contracted for six years to the Sultanate of Oman.

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Source: Globe Newswire

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