Nordic American Tankers Limited (NYSE:NAT)
CAPS Rating:
The Company was formed for the purpose of acquiring and chartering three Suezmax tankers.
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The Company was formed for the purpose of acquiring and chartering three Suezmax tankers.
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Speculative pick in the Oil Tanker business which is presently in the tank. But this company has no debt and the staying power to hang in until day rates improve.