Nordic American Tankers Limited is an international shipping company focused exclusively on the seaborne transportation of crude oil. Headquartered in Bermuda, the company owns and operates a homogenous fleet of double-hull Suezmax tankers, which are large vessels capable of carrying approximately one million barrels of oil. By maintaining a standardized fleet, the company streamlines its operations, maintenance, and crew training processes. Nordic American Tankers generates revenue by deploying its vessels in both the spot market and on fixed-rate time charters, serving major oil companies, state-owned entities, and international trading houses. The company's financial performance is closely tied to global energy demand, geopolitical developments, and prevailing tanker charter rates.
