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May 15, 2026
Dear Shareholders and Investors,
Below is information related to contracts that have been concluded recently.
Please note that the $ numbers and periods are approximations.
Our customers, leasing our ships, are large companies.
Operating costs of our vessels are below $ 10,000 per day.
The present market conditions result in strengthening of the cash position of Nordic American Tankers - impacting positively the ability to pay dividend.
• March - $150,000 over 60 days
• March - $75,000/day over 65 days
• April - $198,000 over 68 days
• May - $ 75,000 over 300 days
• May - $ 95,000 over 70 days.
Sincerely,
Herbjorn Hansson
Founder, Chairman & CEO
Nordic American Tankers Ltd.
Nordic American Tankers Ltd, press release
