Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

NAT books three new suezmaxes at SHI

NAT books three new suezmaxes at SHI
Nordic American Tankers Limited (NAT) has booked three new suezmax tankers at South Korea’s Samsung Heavy Industries (SHI), with deliveries due in the second half of 2018.

The three new 157,000-dwt tankers will bring NAT’s fleet to 33 ships. Financial details of the newbuilding deal were not disclosed.

Herbjørn Hansson, chairman and ceo of NAT, said: “By adding these ships, we substantially increase the dividend capacity and bolster our earnings potential.

“The stock issue of about $120m that we completed 30 September will part finance this transaction. A 33 vessel homogenous suezmax fleet is making NAT stronger and the company becomes even more attractive for our customers,” he believed.