Hamilton, Bermuda, May 13, 2005
Nordic American Tanker Shipping Ltd. (the “Company”) today announced that the Chairman & CEO Mr. Herbjørn Hansson has bought 10,000 shares in NAT at a market price of $40.03 Mr. Hansson owns thereafter a total of 25,000 shares of the Company.
Scandic American Shipping Ltd. (“Scandic”), the Manager of the Company, has a total of 332,890 restricted shares of NAT. Mr. Hansson is the majority owner of Scandic.
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Contacts:
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Scandic American Shipping Ltd.
Manager for
Nordic American Tanker Shipping Ltd.
P.O Box 56
3201 Sandefjord, Norway
Tel: + 47 33 42 73 00 E-mail: nat@scandicamerican.com
Web-site: www.nat.bm
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Rolf Amundsen
Chief Financial Officer Nordic American Tanker Shipping Ltd. Tel: +1 800 601 9079 or + 47 908 26 906 |
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Gary Wolfe
Seward & Kissel LLP, New York, USA
Tel: +1 212 574 1223 |
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Herbjørn Hansson
Chairman & CEO
Nordic American Tanker Shipping Ltd.
Tel: +1 866 805 9504 or + 47 901 46 291
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