2015 a record year for Nordic American Tankers

Nordic American Tankers' crude oil vessels generated so much money in 2015 that last year become the Norwegian carrier's best ever in terms of cash flow. The company casts doubts on a significant orderbook in 2016.

BY JOHANNES HARTKOPF-MIKKELSEN

The 24 Suezmaxes in Nordic American Tankers fleet performed so well in 2015 that the year generated the biggest cash flow ever for the Norwegian carrier in its almost 20-year history, according to the annual report for 2015, published Monday.

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2015 a record year for Nordic American Tankers

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Nordic American Tankers sees healthy tanker market in 2016

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

Packed container ships trigger surge in air freight demand

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

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Cosco and CMA CGM expect further pressure on major European ports

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Analysis: Capesizes have become too expensive despite strong market

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs