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Tagged in Nordic American Tankers

Nordic American Tankers Adds Two Suezmax Newbuilds

Nordic American Tankers said it has added two Suezmax tankers to its fleet. The newbuilds, NAT's first delivered since 2018, both have long-term contracts.The 157,094 dwt Nordic Harrier was delivered on May 13 from Samsung shipyard in South Korea. …
Jun 30, 2022 / Vessels

Ocean Yield Announces Delivery of Newbuilding Suezmax Tanker with 10-year charter

Ocean Yield AS announced on Friday (May 13) that it has taken delivery of the newbuilding Suezmax tanker Nordic Harrier from Samsung Heavy Industries’ shipyard in South Korea.The vessel commenced a 10-year bareboat charter to Nordic American Tankers …
May 13, 2022 / Vessels

Nordic American Tankers Announces 2 Six-year Time Charters Concluded for Suezmax New Buildings

Nordic American Tankers has concluded two six-year Time Charters for Company’s two Suezmax newbuildings for delivery in May and June this year.The contracts have been entered into with ASYAD Shipping Company and will commence upon delivery of the two …
Feb 9, 2022 / Vessels

Nordic American Tankers Sells Another Suezmax

Tanker shipping company Nordic American Tankers (NAT) announced on Wednesday it has sold the 164,236 dwt Suezmax Nordic Mistral. Caption: Crude oil tanker Nordic Mistral - Image courtesy of Steve Greenwood New York-listed NAT did not reveal the …
Feb 4, 2022 / Vessels

Ocean Yield acquires two newbuildings with long-term charters

Ocean Yield ASA has agreed to acquire two Suezmax newbuilding tankers with 10-year bareboat charters to Nordic American Tankers Ltd (NAT). The net purchase price will be up to USD 44 million per vessel after seller's credits of minimum 20%.The …
Oct 20, 2020 / Vessels

Nordic American Tankers orders two Suezmax newbuildings in South Korea

NAT has entered into two Suezmax newbuilding contracts in South Korea, increasing Company’s fleet of Suezmaxes to 25 units.The combination of specifications, quality of yard, price, payment terms and deliveries make this an attractive investment for …
Sep 23, 2020 / Vessels

Aker forms joint venture with Ocean Yield for seven tankers

In order to strengthen the balance sheet, Ocean Yield ASA (Ocean Yield) has entered into an agreement with Aker Capital AS (Aker) whereby Aker will acquire from Ocean Yield 50% of 7 tankers with long-term charters. The Joint Venture (JV) will own …
Jun 12, 2020 / Finance

Nordic American Tankers fixes one year or more time charter for one of its Suezmax vessels

Nordic American Tankers (NAT) announced yesterday (May30) that one of Company’s Samsung-built Suezmaxes, the Nordic Zenith, has obtained a term contract. The new contract is expected to commence on expiration of the present spot employment and it …
May 31, 2019 / Vessels