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Eurotradr

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Eurotradr

Re: None

Wednesday, 04/06/2022 6:52:06 AM

Wednesday, April 06, 2022 6:52:06 AM

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Nordic American Tankers Ltd (NYSE: NAT) – An update on the employment of our Suezmax vessels

Wednesday, April 6, 2022

Market information:

We have informed you earlier that political uncertainty normally creates strong markets for our vessels. There is now a solid momentum in the market.

We are currently securing spot contracts for a month or longer at rates above USD 50,000 a day. Our operating costs are about USD 8,000 per day per ship.

NAT has a large part of the fleet operating in the spot market.

www.nat.bm
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