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Nordic American Tankers reports a significant Q3 revenue boost, planning expansion amid economic uncertainties.
Nordic American Tankers Ltd (NAT) reported a $125 million net revenue increase from time-charter contracts in Q3 2024, with a net profit of $8.7 million, up from $7.5 million last year.
NAT plans to expand its fleet and maintain a 4 cent per share dividend.
The company has reduced emissions and maintained strong ties with major oil companies, though it faces uncertainties due to global economic and regulatory factors.
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Nordic American Tankers informa de un aumento significativo de los ingresos del Q3, planificando la expansión en medio de incertidumbres económicas.