Nordic American Tankers Sells Two Suezmax Vessels for $50 Million

Reuters

2025/12/18

Nordic American Tankers Sells Two Suezmax Vessels for $50 Million

Nordic American Tankers Limited has agreed to sell two debt-free Suezmax tankers, built in 2004 and 2005, for a total of $50 million. The vessels are scheduled for delivery to the buyers in January 2026. The company expects to record a book profit of approximately $14 million from the sale. Additionally, Nordic American Tankers has entered into a preliminary agreement for the construction of two newbuildings at a South Korean shipyard, with delivery expected in the second half of 2028.

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: 1001145610) on December 18, 2025, and is solely responsible for the information contained therein.

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