Nordic American Tankers secures improved rates

Norwegian tanker carrier Nordic American Tankers has published an improved result for the past three months, and the carrier can already at this time announce increased rates for its Suezmax fleet in the new quarter.

Nordic American Tankers (NAT) achieved an improved result in the latest quarter which runs until the end of June, and the carrier can already at this time register even higher rates for its fleet of Suezmax vessels in the third and current quarter.

"The second quarter 2015 produced better results than the first quarter 2015. So far in the third quarter, we have secured higher average rates than in the two preceding quarters of the year. In the second quarter 2015, NAT continued to benefit from both a solid Suezmax tanker market and a top quality fleet (22 vessels in operation in the second quarter 2015 and 4 vessels expected to be included later in 2015 and thereafter),"  notes the carrier in the interim report.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Maersk rejects shippers' complaint in USD 180m dispute

U Shippers has no case in a contractual dispute reported to the US Federal Maritime Commission, Maersk writes in a response to the FMC. Moreover, the case should not even be a matter for the commission, the company says.

Further reading

Related articles

Latest news

See all jobs