Nordic American Tankers +4% after earnings

• Nordic American Tankers (NAT +4.0%) trades higher after beating estimates with its Q1 report.
• The company notes tanker rates rose 54% Q/Q and 41% Y/Y to $37K per day per vessel/
• Looking at the tanker market as a whole, Nordic American Tankers says reduced imports to the U.S. are being offset an increase in imports to the Far East.
• Previously: Nordic American Tankers beats by $0.12, beats on revenue