World Crude Tanker Market Insights & Forecast Report, Featuring DHT Holdings, Euronav, Frontline Ltd, Nordic American Tankers Ltd, Teekay Tankers and Tsakos Energy Navigation Ltd
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World Crude Tanker Market Insights & Forecast Report, Featuring DHT Holdings, Euronav, Frontline Ltd, Nordic American Tankers Ltd, Teekay Tankers and Tsakos Energy Navigation Ltd
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
March 1, 2021 Dear Shareholders and Investors, We released our 2020 numbers last Friday, February 26, 2021. 2020 was a good year. We achieved excellent results for three quarters, whilst the fourth quarter was weak. At this time we clearly see a positive turn in the market for the NAT Suezmaxes. Last week we concluded a spot contract at about USD 20,000 a day and another spot contract at about USD 15,000 a day. A week ago the comparable number was about USD 4,000 a day. Operating costs are covered at USD 8000/day. I would also like to advise you that today I have bought 50,000 shares at USD 3.13. My son, Alexander Hansson and I are among the largest shareholders of NAT. Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American Tankers Ltd. www.nat.bm CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protection