A Different Company
Photo by Kees Torn, Wikimedia Commons CC BY-SA 2.0
Our business Model
Through simplicity, transparency and predictability, Nordic American Tankers ensures a sustainable business strategy in both strong and weak markets, assuring a maximized total return including quarterly dividend.
- Expansion of a homogenous fleet
- Cashflow distributed to shareholders
- Strong balance sheet
- Maintain a top quality fleet
- Servicing Big Oil – TC and contracts (Spot)
- Interests aligned, Shareholders / Management
- Close customer relationships
- Leverage industry network
Publicly listed in the US since September 1995 (NYSE: NAT).
NAT holds a unique record among peers of more than 100 consecutive quarterly dividend payments to our shareholders.
Our 70 000 strong shareholder base is also a special feature of our company, unmatched by any other public tanker company.
The NAT stock is one of the most actively traded shipping stocks on the New York Stock Exchange.
Our high quality fleet of Suezmax tankers only, ensures a sustainable and efficient maintenance of our ships, for the safety of crew, cargo and the environment.
The Suezmax tanker can carry up to 1 million barrels of oil and is a versatile ship that offers a combination of economies of scale and flexibility in trading.
We are the only stock listed tanker company with a Suezmax only fleet.
Business is personal. Our lean organization with skilled personnel, directed by our Founder, Chairman and CEO, Herbjorn Hansson, are working around the clock to bring energy to the consumers.