Splash 247

Nordic American Tankers fixes suezmax pair to Shell

Nordic American Tankers fixes suezmax pair to Shell

Array
(
    [0] => WP_Term Object
        (
            [term_id] => 70
            [name] => Europe
            [slug] => europe
            [term_group] => 0
            [term_taxonomy_id] => 70
            [taxonomy] => category
            [description] => Stay updated on what's going on in Europe by browsing the European region news archive. Find the latest maritime, offshore and shipping news on Splash 24/7.

Find here the updated list of the latest news about the European region. Browse Splash 24/7 for more maritime and shipping news.
            [parent] => 55
            [count] => 5144
            [filter] => raw
            [cat_ID] => 70
            [category_count] => 5144
            [category_description] => Stay updated on what's going on in Europe by browsing the European region news archive. Find the latest maritime, offshore and shipping news on Splash 24/7.

Find here the updated list of the latest news about the European region. Browse Splash 24/7 for more maritime and shipping news.
            [cat_name] => Europe
            [category_nicename] => europe
            [category_parent] => 55
        )

    [1] => WP_Term Object
        (
            [term_id] => 58
            [name] => Tankers
            [slug] => tankers
            [term_group] => 0
            [term_taxonomy_id] => 58
            [taxonomy] => category
            [description] => Stay updated on what's going on in the shipping and tankers sector by browsing the tankers news archive. Find the latest maritime and shipping news on Splash 24/7.

Find here the updated list of the latest news about tankers. Browse Splash 24/7 for more maritime and shipping news.

            [parent] => 54
            [count] => 1546
            [filter] => raw
            [cat_ID] => 58
            [category_count] => 1546
            [category_description] => Stay updated on what's going on in the shipping and tankers sector by browsing the tankers news archive. Find the latest maritime and shipping news on Splash 24/7.

Find here the updated list of the latest news about tankers. Browse Splash 24/7 for more maritime and shipping news.

            [cat_name] => Tankers
            [category_nicename] => tankers
            [category_parent] => 54
        )

)

Nordic American Tankers has fixed two suezmax tankers to Shell on time charter for a period of 18 months.

The charters will commence either late this month or early next month, adding to another suezmax already on charter to Shell. The identity of the two vessels and commercial details of the deal were not disclosed.

Herbjørn Hansson, chairman and CEO of Nordic American Tankers, commented: “We are pleased to announce these important contracts which are examples of the confidence customers and partners in Big Oil have in NAT and our large fleet of Suezmax vessels. More or less all the time, we have ships in China. NAT is also doing work in India which is becoming increasingly more important.”

Nordic America Tankers has a fleet of 30 suezmaxes plus a additional three on order due for delivery in 2018. Six of the vessels are locked into time charters while the remaining vessels trade on the spot market.

Share this article

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

Related Posts