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Overview and fleet history: Only Suezmax crude tankers

  • Nordic American Tankers Limited (“NAT”) was incorporated in Bermuda in 1995. In September 1995 NAT sold securities to the public in the US and in Europe. The shares are today trading at the New York Stock Exchange (“NYSE”).
  • The proceeds from the first offering were used to acquire three new Suezmax built at Samsung Heavy Industries Co. Ltd. The three vessels Nordic Hawk, Nordic Hunter and Nordic Harrier were all delivered during the autumn of 1997 and commenced seven-year bareboat charters to British Petroleum immediately after delivery. NAT’s bye-laws restricted the company from acquiring additional vessels or concluding other business during the charter to BP.
  • As the BP charters were close to expiry, NAT decided to become an active operating company from October 2004.
  • In November 2004, we acquired the Nordic Voyager.
  • In January 2005, we acquired the Nordic Fighter.
  • In February 2005, we acquired the Nordic Freedom.
  • In August 2005, we acquired the Nordic Discovery.
  • In March 2006, we acquired the Nordic Apollo.
  • In July 2006, we acquired the Nordic Cosmos.
  • In July 2006, we acquired the Nordic Moon.
  • In November 2007, we acquired the Nordic Saturn and Nordic Jupiter delivered in 2010.
  • In January 2009, we acquired the Nordic Mistral.
  • In May 2009, we acquired the Nordic Passat.
  • In October 2009, we acquired the Nordic Sprite.
  • In November 2009, we acquired the Nordic Grace.
  • In April 2010, we ordered the two newbuildings Nordic Breeze and Nordic Zenit at Samsung Heavy Industries which were delivered in 2011.
  • In November 2010, we took delivery of the Nordic Vega from Bohai shipyard.
  • In September 2011, we acquired the Nordic Aurora.
  • In November 2013, NAT created and sponsored the OSV Company Nordic American Offshore Ltd. (NAO). The company had an IPO on the New York Stock Exchange in June 2014.
  • In December 2014 we ordered the two new tankers, Nordic Star was delivered in September 2016 and the last Nordic Space will be delivered in January 2017.
  • On May 2, 2016 we acquired the Nordic Castor, Nordic Pollux, Nordic Sirius and Nordic Luna.
  • On September 27 th , 2016, NAT announced it had ordered three new tankers to be delivered during the second half of 2018, which will increase the total fleet to 33 vessels.