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) 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.
Nordic American Tankers (NYSE:NAT) held its Annual General Meeting on November 21, 2025 with a very high turnout. All resolutions were approved, including the election of Herbjorn Hansson, Alexander Hansson, Jenny Chu and Jim Kelly to the board and the appointment of KPMG as independent auditors. Management stated market conditions are strong and prospects are good. Contact details for CFO Bjørn Giæver and Finance Manager Alexander Kihle were provided.
Nordic American Tankers (NYSE: NAT) announced a letter of intent to build two Suezmax tankers at a South Korean shipyard for USD 86 million each, with deliveries planned in the second half of 2028. The company expects to sign the final contract in early 2026. The LOI outlines the vessel type, price and delivery window but is not a final binding contract. The release includes a standard cautionary statement on forward-looking information and lists investor contacts for follow-up.
Nordic American Tankers (NYSE: NAT) announced that Founder, Chairman & CEO Herbjorn Hansson has purchased 150,000 shares at $3.11 per share, increasing his personal ownership to 5,100,000 shares. Combined with his family's holdings, they now own 10,250,000 shares, making them the largest private shareholder group in the company.
The company highlighted its consistent dividend payment track record of 113 consecutive quarters since its stock listing in 1995. Management expressed optimism about the company's future prospects, stating that "the path is unquestionably upwards."
Nordic American Tankers (NYSE: NAT) has announced its upcoming Annual General Meeting (AGM) scheduled for November 21, 2025. The record date for shareholder voting eligibility has been set for September 12, 2025.
The company will file the Notice of Meeting and Proxy Statement with the SEC via Form 6-K after market close on September 29, 2025. Shareholders of record will receive detailed information about the meeting and voting procedures.
Nordic American Tankers (NYSE: NAT) announced that Non-Executive Vice Chairman and Board member Alexander Hansson has purchased 100,000 shares at $3.27 per share, increasing his personal holdings to 5,150,000 shares.
Following this insider purchase, the Hansson family's total ownership has exceeded 10.1 million shares, establishing them as the largest private shareholder group in the company. This significant insider buying demonstrates strong confidence in NAT's future prospects from its leadership team.
Nordic American Tankers (NYSE: NAT) has announced the appointment of Mr. Thomas Boye as a new executive, expected to join the company in October 2025. Boye brings 20 years of experience from ABG Sundal Collier investment banking, including 10 years in London and 10 years in Oslo.
The company plans to enhance its investor relations efforts through a series of worldwide road shows to showcase NAT's business story to the investment community. This strategic move aims to raise the company's profile in global markets.
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