Business
Nordic American Tankers Ltd (NYSE: NAT) – Report as per September 30, 2025 – Increased dividend and solid prospects
Friday, November 28, 2025 Dear Shareholders and Investors, The direction of NAT is on the upswing. Safety for crew, safety for ships and dividends remain our main priorities. The so-called grey/black fleet is invalidated, reducing the available fleet in the market place and improving the position of NAT. Our ships have not carried Russian oil for more than four years. Major oil companies are the main customers of NAT. Ninety day periods offer a short-term snapshot of NAT. A more meaningful analy
About this update from Nordic American Tankers Limited
[{"type":"image","alt":"Nordic American Tankers Limited","displaySize":"","headline":null,"caption":"Nordic American Tankers Limited","className":"","disableSlideshowImg":false,"size":{"original":{"width":135,"height":68,"url":"https://media.zenfs.com/en/globenewswire.com/624726ed1a1b3e8a2f0d954707b7df18"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/TrnfSH30tvHv2Eg9SGNIiQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTEwNjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/624726ed1a1b3e8a2f0d954707b7df18","width":135,"height":68}},"lazy":false},{"type":"text","content":"Friday, November 28, 2025","length":25,"tagName":"p"},{"type":"text","content":" ","length":6,"tagName":"p"},{"type":"text","content":"Dear Shareholders and Investors,","length":32,"tagName":"p"},{"type":"text","content":"The direction of NAT is on the upswing. Safety for crew, safety for ships and dividends remain our main priorities. The so-called grey/black fleet is invalidated, reducing the available fleet in the market place and improving the position of NAT. Our ships have not carried Russian oil for more than four years.","length":311,"tagName":"p"},{"type":"text","content":"Major oil companies are the main customers of NAT.","length":50,"tagName":"p"},{"type":"text","content":"Ninety day periods offer a short-term snapshot of NAT. A more meaningful analysis must contain a longer-term picture.","length":117,"tagName":"p"},{"type":"text","content":" ","length":12,"tagName":"p"},{"type":"text","content":"Highlights: ","length":11,"tagName":"p"},{"type":"text","content":" ","length":66,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"The dividend for the third quarter is 13 cents ($0.13) per share. This is our 113th consecutive quarterly cash dividend. The dividend is payable December 22, 2025, to shareholders on record as of December 8, 2025.","length":213,"tagName":"p"}]}],"tagName":"ol","bulletedList":false,"length":213},{"type":"text","content":" ","length":6,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"The strong demand for oil continues. During a slow third quarter rates held up well compared to the second quarter. The fourth quarter is starting out well, leaving solid room for cash accumulation. ","length":199,"tagName":"p"}]}],"tagName":"ol...