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Nordic American Tankers sells three more suezmax tankers

Nordic American Tankers (NAT) has sold three more suzemax tankers, all built in 1997, continuing its fleet sell-off of older vessels.

The sale will bring in around $80m, the company said, and brings the total number of vessels recently sold by the company to eight.

NAT currently has four 1997-built suezmaxes in the fleet, Nordic Harrier, Nordic Hawk, Nordic Hunter and Nordic Voyager.

NAT is planning to re-expand its fleet over the next three years and says it is in a solid financial position and believes there is renewed optimism in the tanker market.

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Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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