Nordic American Tankers Limited, a tanker company, owns, operates, and charters double-hull tankers in Bermuda and internationally. As of December 31, 2025, the company fleet consisted of 20 Suezmax crude oil tankers.
The company serves oil companies, oil traders, and entities requiring crude oil transportation services. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to American Tankers Limited in June, 2011. The company was incorporated in 1995 and is based in Hamilton, Bermuda.
What does Nordic American Tankers Limited (NAT) do?
Nordic American Tankers Limited is a tanker company that owns, operates, and charters double-hull tankers. The company primarily focuses on the transportation of crude oil using Suezmax tankers. As of December 31, 2025, its fleet consisted of 20 Suezmax crude oil tankers. The company serves a diverse customer base including oil companies, oil traders, and other entities that require crude oil transportation services. Its operations are conducted in Bermuda and internationally, providing a vital link in the global oil supply chain.
Where is Nordic American Tankers Limited (NAT) listed and in which currency?
Nordic American Tankers Limited is listed on the New York Stock Exchange (NYSE) under the ticker symbol NAT. The company's financials are reported in US Dollars (USD), which is the standard currency for its reporting and trading. Being listed on the NYSE provides the company with access to a broad base of international investors and liquidity in the US capital markets.
What sector and industry does Nordic American Tankers Limited (NAT) operate in?
Nordic American Tankers Limited operates in the Energy sector, specifically within the Oil & Gas Midstream industry. This industry involves the transportation, storage, and wholesale marketing of crude oil and refined petroleum products. As a midstream company, NAT focuses on the crucial step of moving crude oil from production sites to refineries, using its fleet of Suezmax tankers. This positions the company as a key intermediary in the global oil supply chain.
Where is Nordic American Tankers Limited (NAT) headquartered and what markets does it serve?
Nordic American Tankers Limited is headquartered in Hamilton, Bermuda, and was incorporated in 1995. The company operates internationally, serving markets in Bermuda and beyond. Its customers include oil companies, oil traders, and other entities requiring crude oil transportation services. The company's fleet of Suezmax tankers enables it to serve various global routes, particularly those connecting major oil-producing regions with refineries worldwide.
How does Nordic American Tankers Limited (NAT) make money?
Nordic American Tankers Limited generates revenue by chartering its double-hull Suezmax tankers to customers for the transportation of crude oil. The company operates under time charters, voyage charters, and spot market arrangements, earning fees based on the duration of the charter or the specific voyage. As of December 31, 2025, its fleet consisted of 20 Suezmax crude oil tankers. The company's earnings are influenced by global oil demand, tanker supply, and freight rates. By maintaining a modern fleet and focusing on the Suezmax segment, NAT aims to provide reliable and efficient transportation services to its clients.