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Company Description (as filed with the SEC)
Nordic American Tankers Limited was founded on June 12, 1995 under the name Nordic American Tanker Shipping Limited and organized under the laws of the Islands of Bermuda and we maintain our principal offices at LOM Building, 27 Reid Street, Hamilton HM 11, Bermuda. Our telephone number at such address is (441) 292-7202. We are an international tanker company that currently owns 24 Suezmax tankers, two of which are newbuildings which average approximately 156,000 dwt each. The vessels in our fleet are homogenous and interchangeable, which is a strategy that we refer to as the "Nordic American System". We were formed for the purpose of acquiring and chartering three double-hull Suezmax tankers that were built in 1997. In the autumn of 2004, we owned three vessels and at the end of 2014 we owned 24 vessels, including two newbuildings currently under construction. We expect that our fleet expansion process will continue over time and the addition of more vessels. ... More ...
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|Annual EPS Est:||$-0.11|
|Quarterly EPS Est:||0.26|