December 21, 2020
Dear Shareholders and Investors,
Last week we commented on the strong economic development in Asia. This is a contrast to the uncertainties elsewhere in the world.
Regional imbalances in demand, combined with a decreasing price of oil that we now see, stimulate transportation of oil that our Suezmax tankers carry.
This is all good for our tankers.
Founder, Chairman & CEO
Nordic American Tankers Ltd.
Nordic American Tanker Shipping Ltd., press release