Tag Archives: Nordic

Nordic American Tankers Ltd (NYSE: NAT) – Report February 25, 2022 (Fourth quarter 2021)

Nordic American Tankers Limited Friday, February 25, 2022 Highlights: As regards the recent political events in Russia and Ukraine, we shall comment later when matters are more clear. 1. On a Time Charter Equivalent (TCE) basis, fourth quarter 2021 was the best quarter of the last five quarters. We take comfort from an improving trend in both top- and bottom-line results. 2. The average TCE for our active fleet during the fourth quarter 2021 came in at $10,100 per day per ship. This was up 74%… Source link

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