Nordic American Tankers Limited has finalized agreements for the construction of two new suezmax tankers at Daehan Shipbuilding in South Korea, with each vessel costing $86 million and scheduled for delivery in 2028. Additionally, the company has completed the sale of two vessels built in 2004 and 2005, generating net cash proceeds of $50 million.
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: GNW1001159650-en) on January 16, 2026, and is solely responsible for the information contained therein.
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