- Nordic American Tankers (NYSE:NAT) provides an update to shareholders.
- "The rates for our suezmax tankers have strengthened substantially recently. Now the spot market for our ships has gone up further," reads the letter.
- "The higher the suezmax tanker rates are, the better the ability of NAT to pay dividend - a key policy element of NAT."
- Source: Press Release
Nordic American Tankers points to higher tanker rates
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