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Nordic American Tanker Ltd (NAT.N)

NAT.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Nordic American Tanker-Scorpio Offshore Investments Has Invested $5 Mln In A Private Placement
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - Nordic American Tanker Ltd ::NORDIC AMERICAN TANKER LTD - SCORPIO OFFSHORE INVESTMENTS INC. HAS INVESTED USD 5 MILLION IN A PRIVATE PLACEMENT..NORDIC AMERICAN TANKER LTD - NORDIC AMERICAN OFFSHORE LTD ENTERED INTO A SHARE PURCHASE AGREEMENT WITH SCORPIO OFFSHORE INVESTMENTS.NORDIC AMERICAN TANKER LTD - NORDIC AMERICAN TANKERS PRESENTLY OWNS ABOUT 16.1% IN NAO AND HANSSON FAMILY OWNS 13.5%, IN TOTAL ABOUT 30 %.NORDIC AMERICAN TANKER LTD - FOLLOWING INVESTMENT IN NAO BY SCORPIO, NAT RELATED ENTITIES HAVE ABOUT 24%..NORDIC AMERICAN TANKER LTD - PRICE IN PRIVATE PLACEMENT IS USD 0.42 PER SHARE.  Full Article

Nordic American Tanker Says Have Decided It Is Not In Best Interest Of NAT Shareholders To Conduct Bond Offering
Monday, 18 Jun 2018 

June 18 (Reuters) - Nordic American Tanker Ltd ::NORDIC AMERICAN TANKER LTD SAYS HAVE NOW DECIDED THAT IT IS NOT IN THE BEST INTEREST OF NAT SHAREHOLDERS TO CONDUCT A BOND OFFERING.  Full Article

Nordic American Tankers Says Is Launching A Recapitalization Program With Nat Equity Offering As One Component
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Nordic American Tanker Ltd ::NORDIC AMERICAN TANKERS LIMITED (NYSE:NAT) IS LAUNCHING A RECAPITALIZATION PROGRAM WITH NAT EQUITY OFFERING AS ONE COMPONENT.NORDIC AMERICAN TANKER LTD - ‍COMPANY AGREED TO SELL 40 MILLION COMMON SHARES AT A PUBLIC OFFERING PRICE OF $2.75 PER SHARE​.NORDIC AMERICAN TANKER LTD - NAT RECAPITALIZATION PROGRAM HAS BEEN UPSIZED TO $110 MILLION.  Full Article

Nordic American Tankers Ltd Announces Public Offering As Part Of Recapitalization
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Nordic American Tanker Ltd ::NORDIC AMERICAN TANKERS LIMITED (NYSE:NAT) ANNOUNCES PUBLIC OFFERING AS PART OF A RECAPITALIZATION OF NAT.NORDIC AMERICAN TANKER LTD - UNDERWRITTEN PUBLIC OFFERING OF $100 MILLION OF SHARES PURSUANT TO COMPANY'S EFFECTIVE SHELF REGISTRATION STATEMENT.  Full Article

Nordic American Tanker reports Q3 ‍adjusted net operating loss (EBIDTA) of $0.7 mln
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Nordic American Tanker Ltd -:Nordic American Tanker Ltd says ‍adjusted net operating loss was $0.7 million (ebitda) for 3q2017​.Nordic American Tanker Ltd says ‍is scheduled to take delivery of its three Suezmax newbuilds in June, August and October of 2018​.  Full Article

Nordic American Tanker ‍signed terms with financial institution for financing of outstanding commitments for 3 Suezmax newbuildings​
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Nordic American Tanker Ltd :Nordic American Tanker - ‍signed terms with financial institution for financing of outstanding commitments, due on delivery, for 3 Suezmax newbuildings​.Nordic American Tanker - expect agreement to be fully executed about mid-November at which time full financing of newbuildings will be completed.  Full Article