NAT set to sell two of its tankers
Nordic American Tankers Limited (NYSE:NAT) has announced it will adjust its fleet to 31 units selling two tankers of its fleet. The Company says the sales will take place over the next couple of weeks.
"From a Far Eastern shipyard, we have 3 newbuildings joining our fleet in early July, end of August and end of October 2018 – 3 vessels in total. The adjustment of our fleet should be seen in this light," the report said.
Nordic American Tankers Limited ("NAT") was incorporated in Bermuda in 1995. NAT today has an active trading fleet of 20 vessels, all employed in the spot market. Following the delivery on July 11 of four vessels, the Company's fleet comprises 30 Suezmax vessels, including two newbuildings from Korea, scheduled for delivery in August 2016 and January 2017.