Nordic American Tankers expects Q1 2026 results to beat Q4 2025 as TCE hits USD 175,000/day

Reuters03-23

Nordic American Tankers expects Q1 2026 results to beat Q4 2025 as TCE hits USD 175,000/day

Nordic American Tankers said first-quarter 2026 results are expected to be better than fourth-quarter 2025 results.
A US Gulf-to-Far East fixture was reported at a time charter equivalent (TCE) of USD 175,000 per day over 85 days.
A West Africa-to-Asia fixture was reported at a TCE of USD 77,000 per day over 65 days.
A 90-day fixture was reported at a TCE rate of USD 88,000 per day.
Operating costs were reported at about USD 9,000 per day.

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: 202603230850OMX_____CNEWS_EN_GNW1001171647_en) on March 23, 2026, and is solely responsible for the information contained therein.

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