Nordic American Tankers

Hamilton, Bermuda, August 2, 2007

 

Nordic American Tanker Shipping Ltd. (the “Company”) today announced that the Company’s Annual General Meeting of shareholders was held in New York on July 31 when seven candidates nominated by the Board of Directors were elected to serve on the board.  Mr. Richard H. K. Vietor was elected as a new Board Member. Mr. Vietor is a professor at Harvard Business School where he teaches courses on the regulation of business and the international political economy, including environmental management.  The names of our Board Members can be found on our web site www.nat.bm.  At the Annual General Meeting the ratification and approval of the appointment of Deloitte AS as the Company’s independent auditors for the fiscal year ended December 31 2007 was also approved by the shareholders. 

 

 

The Company is an international tanker company that owns twelve modern double-hull Suezmax tankers.

 

 

Scandic American Shipping Ltd 

Manager for:

 

Nordic American Tanker Shipping Limited

P.O Box 56, 3201 Sandefjord, Norway

Tel: + 47 33 42 73 00 E-mail:  nat@scandicamerican.com

 

Rolf Amundsen, Investor Relations
Nordic American Tanker Shipping Limited
Tel: +1 800 601 9079 or + 47 908 26 906

 

Gary J. Wolfe

Seward & Kissel LLP, New York, USA

Tel: +1 212 574 1223

 

Herbjørn Hansson, Chairman and Chief Executive Officer

Nordic American Tanker Shipping Limited

Tel:  +1 866 805 9504 or + 47 901 46 291