Welcome to our dedicated page for Nordic American Tankers news (Ticker: NAT), a resource for investors and traders seeking the latest updates and insights on Nordic American Tankers stock.
Nordic American Tankers Ltd (NYSE: NAT) is an international deep sea freight transportation company that owns and operates Suezmax crude oil tankers. Its press releases and SEC-furnished reports give investors regular insight into crude oil shipping markets, fleet developments, and shareholder matters.
On this news page, readers can follow company announcements about dividends and earnings reports, often furnished to the U.S. Securities and Exchange Commission on Form 6-K. Nordic American Tankers has highlighted a long sequence of consecutive quarterly cash dividends since becoming stock listed, and uses its updates to discuss how quarterly results fit into a longer-term picture.
The company also issues news about its fleet and market activity, including examples of recent spot fixtures for its Suezmax vessels, time charter equivalent (TCE) levels, and operating cost references. These communications describe periods of strong market conditions, vessel scarcity, and the impact of supply and demand in the crude oil transportation market.
Investors can track corporate actions and governance events, such as the scheduling and results of the Annual General Meeting of Shareholders, director elections, and the appointment of independent auditors. The company additionally reports on share purchases by key shareholders when ownership thresholds are crossed, providing mandatory notifications when a family shareholder group surpasses specified percentage levels.
Fleet renewal and growth plans are another recurring theme, with news about agreements to sell older Suezmax tankers and letters of intent or preliminary agreements for newbuildings at a South Korean shipyard. For anyone following the Suezmax crude oil tanker segment, this page offers a centralized view of Nordic American Tankers’ official communications and market-related commentary.
Nordic American Tankers (NYSE: NAT) reports a "tumultuous" market produced strong fixture earnings for Q1 2026 versus Q4 2025. Key time-charter equivalent (TCE) rates: USD 175,000 (85 days), USD 150,000 (60 days), USD 94,000 and USD 88,000 (90 days).
Operating costs are approximately USD 9,000/day. Fixtures 5 and 6 were concluded before the Middle East war outbreak on Feb 28, 2026. Contact details for CFO and finance manager are provided.
Nordic American Tankers (NYSE: NAT) announced on March 17, 2026 that it has entered into an agreement to sell a 2005-built vessel for about USD 40 million. The company said it expects its fleet to increase in coming years and described its financial position and prospects as solid.
Nordic American Tankers (NYSE: NAT) insiders — Founder/Chairman & CEO Herbjorn Hansson and Vice-Chair Alexander Hansson — each purchased 200,000 shares on March 3, 2026 at $5.7016 and $5.6959 per share respectively.
After the buys the Hansson family holds 11,050,000 shares, representing 5.2% of outstanding shares, remaining the largest private shareholder group.
Nordic American Tankers (NYSE: NAT) reported a strong close to 2025 with fleet TCE improving, material liquidity and continued shareholder distributions.
Key facts: a 1-year charter above $50,000/day, Q4 TCE of $35,000/day (up 25% QoQ), Q4 net result $11.7 million, EBITDA $34.7 million, cash above $100 million, and a Q4 dividend of $0.17 payable March 24, 2026.
Nordic American Tankers Ltd (NYSE: NAT) announced a sales agreement for a 2003-built Suezmax tanker for $25.0 million net. The company said the vessel carries no debt. Management described Nordic American Tankers as being in a solid financial position following the transaction.
Nordic American Tankers (NYSE: NAT) announced signed contracts to build two suezmax tankers at Daehan Shipbuilding for $86 million each, with delivery expected in 2028. The company also completed the sale and delivery of two older vessels (built 2004 and 2005), generating $50 million net cash to NAT. Management said it has refinanced parts of the fleet, sold four ships, bought two ships, and ordered two newbuildings amid a favorable tanker market, and described the company as being in a solid position.
Nordic American Tankers (NYSE: NAT) announced that on December 22, 2025 Herbjorn Hansson, Founder, Chairman & CEO, purchased 200,000 shares at $3.50, raising his holding to 5,300,000 shares. Alexander Hansson, Vice-Chair, also purchased 200,000 shares at $3.50, raising his holding to 5,350,000 shares.
Collectively the Hansson family now holds 10,650,000 shares and has passed the 5% ownership threshold, triggering the mandatory market notification. The company has paid dividends for 113 consecutive quarters since listing in 1995.
Nordic American Tankers (NYSE: NAT) entered firm agreements to sell two Suezmax tankers (built 2004 and 2005) for a net price of $50 million total, with delivery to buyers expected in January 2026. Both vessels are debt free and the company expects to record a book profit of about $14 million on the sales, improving cash position.
The company has a preliminary agreement for two newbuildings at a South Korean shipyard, with delivery targeted in the second half of 2028 and a firm contract expected to be signed in January 2026. Management described prospects as good.
Nordic American Tankers (NYSE: NAT) reports a strong spot market for its suezmax vessels with multiple recent fixtures showing elevated Time Charter Equivalent (TCE) rates.
Reported fixtures include: 40+ day voyage at ~$52,000/day, ~33 days at ~$78,000/day, a 50-day voyage at ~$95,000/day, ~50 days at ~$37,000/day, and >30-day voyage at ~$65,000/day. Operating costs are stated at ~$9,000/day. The company notes renewed interest in Venezuela due to its oil reserves; the fleet has not called there for several years.
Nordic American Tankers (NYSE: NAT) reported results as of September 30, 2025, announcing a $0.13 dividend per share payable December 22, 2025, to holders of record December 8, 2025, and marking the 113th consecutive quarterly cash dividend.
Key operational metrics: fleet of 20 Suezmax tankers, average TCE $27,490/day, operating costs $9,000/day, adjusted EBITDA $21.4M, net book loss -$2.8M, and cash position above $70M. A preliminary agreement was signed to build two Suezmax tankers for delivery in H2 2028, with a firm contract expected early 2026.