Nordic American Tankers Ltd sale of 2002 built Suezmax

Feb 07 2022


Following Nordic American Tankers’ (NAT) announcement on July 28, 2021 referring to a program to adjust their fleet, they have now sold one more Suezmax under the program.

The 2002 built “Nordic Mistral” has been sold. This transaction is fixed and firm. The vessel is planned for delivery to the new owner later in February. A price of about $30 million has been achieved in total for these two vessels, reflecting their quality and strengthening NAT.


 
This is the second sale in the last few months; they announced the sale of “Nordic Sirius” (2000 built) on October 6, 2021.


 
Nordic American Tankers now controls a fleet of 23 Suezmaxes – including 2 newbuildings for delivery in May and June this year.

 



Related News

Navios Maritime Partners L.P. reports financial results for the first quarter

(May 12 2022)

Navios Maritime Partners L.P. (“Navios Partners”), an international owner and operator of dry cargo and tanker vessels, reported its financial results for the first quarter ended March 31, 2022.



International Seaways adopts limited duration stockholder rights plan

(May 12 2022)

International Seaways, Inc. (the “Company” or “INSW”) one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, announced that its Board of Directors has unanimously adopted a limited...



Stolt Tankers to purchase three 33,600 DWT chemical tankers

(May 12 2022)

Stolt-Nielsen Limited (Oslo Børs: SNI) announced that Stolt Tankers B.V. has entered into agreements to acquire three 33,600 dwt stainless steel chemical tankers built in Japan.



Sale of Suezmax tanker Stena Supreme

(May 12 2022)

Concordia Maritime has entered into an agreement for the sale of the Suezmax tanker Stena Supreme (158,000 dwt, built in 2012).



TEN Ltd. announces the sale of a 2006-built LR2 product tanker

(May 05 2022)

TEN, Ltd. (TEN) (the “Company”) announced the sale of a 2006-built LR2 aframax tanker, one of the largest product tankers in the world at the time of its construction, to unrelated entities.



June July 2022

SIRE 2.0 - OCIMF and Columbia Ship Management perspective; seafarer mental health; EU ETS costs; 33 years after Exxon Valdez; resolving BWTS problems