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Nordic American Tankers Ltd (NYSE: NAT) – Important transactions in a strong market. Solid prospects

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Friday, January 16, 2026 Dear Shareholders and Investors, I am pleased to inform you that the follow...

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Nordic American Tankers (NAT) has secured contracts for two new suezmax tankers, enhancing growth potential. Additionally, the recent sale of older vessels generates $50 million, providing liquidity in a favorable tanker market. These strategic moves position NAT well for future market conditions.

Sentiment Rationale

The announcement of new tanker orders and cash from vessel sales positions NAT for growth. Historically, such strategic moves in the shipping sector have positively impacted share prices.

Trading Thesis

NAT is likely to see upward share price momentum as fleet expansion strengthens growth prospects over the next 1-2 years.

Market-Moving

  • New tanker orders signal strong demand and growth outlook for NAT.
  • Sale of older vessels enhances liquidity, improving financial stability.
  • Favorable tanker market conditions could lead to higher charter rates.
  • Successful delivery of new ships by 2028 may boost investor confidence.

Key Facts

  • NAT signed contracts for two suezmax tankers at $86 million each.
  • Two older vessels sold for $50 million, enhancing cash liquidity.
  • NAT is actively optimizing its fleet amid a favorable tanker market.
  • New ships scheduled for delivery in 2028 signal long-term growth potential.

Companies Mentioned

  • Nordic American Tankers Ltd (NAT): Recent operations indicate growth and increased liquidity potentially boosting stock price.
  • Daehan Shipbuilding: Shipbuilder for NAT’s new orders, impacting timely delivery and manufacturing quality.

Corporate Developments

This article falls under 'Corporate Developments' as it details strategic fleet management actions by NAT. Such maneuvers often signal strong future performance and can attract investor interest.

Nordic American Tankers Ltd (NYSE: NAT) Announces Key Transactions Amid Strong Market Conditions

Source: GlobeNewsWire

Overview of Recent Transactions

Nordic American Tankers Ltd (NYSE: NAT) has recently finalized several significant transactions that underscore its robust position in the maritime industry. The company has successfully signed agreements for the construction of two suezmax tankers at a price of $86 million per ship. Built by South Korean shipyard Daehan Shipbuilding, these vessels are slated for delivery to NAT in 2028.

In addition, NAT has completed the sale of two older vessels, built in 2004 and 2005, resulting in a net cash inflow of $50 million.

Implications of the Recent Transactions

These transactions reflect an active and strategic period for NAT, showcasing the company's efforts to refine its fleet. The recent activities include:

  • Refinancing parts of the fleet
  • Sale of four vessels
  • Acquisition of two vessels
  • Order of two newbuildings

Given the current favorable tanker market conditions, NAT is well-positioned to leverage these developments for future growth.

CEO Statement on Market Position

Herbjorn Hansson, Founder, Chairman & CEO of Nordic American Tankers Ltd, expressed optimism regarding the company’s direction: “We experience a very favorable tanker market. NAT is in a solid position.” This assertion highlights the company’s confidence in sustaining its growth trajectory in a competitive environment.

Forward-Looking Statements and Risks

It is essential to note that discussions regarding forward-looking statements are subject to various risks and uncertainties. NAT employs safe harbor protections under the Private Securities Litigation Reform Act of 1995. The company emphasizes the importance of understanding these uncertainties, which may affect actual results compared to those expectations.

Potential factors that could lead to differences include:

  • Fluctuations in charter rates and vessel values
  • Changes in demand within the tanker market
  • Variations in operating expenses, such as bunker prices
  • Availability of financing and refinancing
  • Regulatory changes and market conditions

Contact Information

If you require further information, please contact:

Bjørn Giæver, CFO
Nordic American Tankers Ltd
Tel: +1 888 755 8391

Alexander Kihle, Finance Manager
Nordic American Tankers Ltd
Tel: +47 91 724 171

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