Nordic American Tankers Ltd (NYSE: NAT) – Report as per September 30, 2024 – Prospects for our Suezmax tankers are good
1. NAT secured $125 million in long-term contracts, boosting revenue prospects. 2. Recent profits rose to $8.7 million, showing year-on-year growth. 3. NAT plans to expand fleet, likely increasing future dividends. 4. New U.S. administration may positively impact shipping and demand. 5. Emissions reduction strategy enhances technical fleet performance.