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Nordic American Tanker Shipping Limited (United Kingdom)

Main Activities: Water Transportation
Full name: Nordic American Tanker Shipping Limited Profile Updated: July 04, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Company is international tanker company originally formed for the purpose of acquiring and chartering double-hull Suezmax tankers.
The Company has identified only one operating segment. The Company has only one type of vessel – Suezmax crude oil tankers.
HISTORY:
1995 The Company was formed on June 12, 1995 under the laws of the Islands of Bermuda. The Company s shares trade under the symbol NAT on the New York Stock Exchange. The Company, Nordic American Tankers Limited was formed on June 12, 1995 under the name Nordic American Tanker Shipping Limited and organized under the laws of the Islands of Bermuda.
2011 The Company changed its name to Nordic American Tankers Limited.
2013 The Company acquired Frontline s shares in Orion for 271,000, which was its nominal book value as of December 31, 2012, after which Orion became our wholly-owned subsidiary.
2015 The Company does not provide a geographical analysis because the Company s business is global in nature and the location of its vessels continually changes.

Headquarters
Swan Building, 26 Victoria Street
Hamilton; Bermuda; Postal Code: HM 12

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Website: http://www.nat.bm

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
Key Executives
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Chairman
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Chief Financial Officer
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Executive Vice President
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Vice Chairman
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Director/Member of the Board
Ownership Details
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3.31%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
-42.56%
Total operating revenue
-42.56%
Operating profit (EBIT)
-41.08%
EBITDA
-29.63%
Net Profit (Loss) for the Period
-50.27%
Total assets
-2.34%
Total equity
-4.74%
Operating Profit Margin (ROS)
1.04%
Net Profit Margin
-4.49%
Return on Equity (ROE)
-6.39%
Debt to Equity Ratio
3.84%
Quick Ratio
-0.22%
Cash Ratio
-0.29%

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