Nordic American Tankers (NAT) warns of weaker Q3 results vs. Q2 due to continued challenges in...

|About: Nordic American Tankers Lim... (NAT)|By:, SA News Editor

Nordic American Tankers (NAT) warns of weaker Q3 results vs. Q2 due to continued challenges in the tanker business. NAT says it has been expanding its fleet while also aiming to lower vessel operating costs, such as installing fuel-saving equipment, but "fleet growth will virtually come to a standstill" by the end of next year.