Nordic American Tankers Ltd (NYSE: NAT) – Recent contracts in a solid market
Nordic American Tankers disclosed five recent vessel charter contracts spanning March through May, with daily rates ranging from $75,000 to $198,000. The company notes that operating costs remain below $10,000 per day, creating a wide spread that strengthens its cash position.
Key figures
- Contract april rate
- $198,000
- Contract may 1 rate
- $75,000
- Contract may 2 rate
- $95,000
- Contract march 1 rate
- $150,000
- Contract march 2 rate
- $75,000/day
- Operating cost per day
- <$10,000
- Contract april duration
- 68 days
- Contract may 1 duration
- 300 days
- Contract may 2 duration
- 70 days
- Contract march 1 duration
- 60 days
- Contract march 2 duration
- 65 days
AI analysis
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