Nordic American Tankers Plans Two Suezmax Newbuilds at South Korean Shipyard

Reuters11-03

Nordic American Tankers Limited has announced that it has agreed to a letter of intent for the construction of two Suezmax tankers at a South Korean shipyard. The vessels are scheduled for delivery in the second half of 2028. Each ship is priced at USD 86 million. The company expects to sign the final contract in early 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nordic American Tankers Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001136582-en) on November 03, 2025, and is solely responsible for the information contained therein.

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