Nordic American Tankers Ltd (NAT)

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Key point: "One thing we can say for sure after this peak is that the bottom level of this market going forward have been lifted significantly."


Suezmax Tanker Market

After two fantastic weeks for the owners, we see charterers now managing to hold back their cargoes some more. The "panic-fixing" is over, and the market will start to move down towards more sustainable levels. One thing we can say for sure after this peak is that the bottom level of this market going forward have been lifted significantly. We just started Q4,and even though its coming off, it’s going to be really good returns for the owners the rest of the year.