Tank carrier Nordic American Tankers (NAT), which is based in Bermuda and listed on the New York Stock Exchange, suffered a bigger deficit by the end of 2013 than the carrier expected ahead of publishing its annual report.
In the fourth quarter NAT noted a deficit of USD 22.08 million, which is lower than in 2012, where the company registered a USD 19.24 million deficit. And the deficit for 2013 as a whole also grew, to USD 105.41 million versus USD 73.19 million in 2012, says NAT in its annual report.
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