Nordic American Tankers Ltd (NYSE: NAT) – A tumultuous situation creates strong results

GlobeNewswire

03/23

Monday, March 23, 2026

Dear Shareholders and Investors,

The present situation is tumultuous, leading to very strong results.

The first quarter of 2026 is expected to be much better than the last quarter of 2025, which were reported February 26, 2026.

The infomation below shows the excellent performance.

Fixture 1) From the US Gulf via Cape Good Hope to the Far East. The TCE is USD 175,000 over 85 days.

Fixture 2) From West Africa to Asia. The TCE is USD 77,000 over 65 days.

Fixture 3) A 90-day fixture. The TCE rate is USD 88,000 per day.

Fixture 4) A voyage from the Baltic to Asia. The TCE is USD 150,000 over 60 days.

Fixture 5) From Guyana to Europe. The TCE is USD 41,000 over 58 days.

Fixture 6) From West Africa to Asia. The TCE is USD 94,000 over 54 days.

Fixtures 5 & 6 were concluded before the Middle East war broke out Feb 28 th.

Our operating costs are about USD 9,000/day.

Sincerely,

Herbjorn Hansson
Founder, Chairman & CEO

Nordic American Tankers Ltd. www.nat.bm

Contacts:

Bjørn Giæver, CFO
Nordic American Tankers Ltd
Tel: +1 888 755 8391

Alexander Kihle, Finance Manager
Nordic American Tankers Ltd
Tel: +47 91 724 171

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The TCE is USD 175,000 over 85 days.     </p> <p>Fixture 2) From West Africa to Asia. The TCE is USD 77,000 over 65 days.</p> <p>Fixture 3) A 90-day fixture. The TCE rate is USD 88,000 per day.</p> <p>Fixture 4) A voyage from the Baltic to Asia. The TCE is USD 150,000 over 60 days.</p> <p>Fixture 5) From Guyana to Europe. The TCE is USD 41,000 over 58 days.</p> <p>Fixture 6) From West Africa to Asia. The TCE is USD 94,000 over 54 days.</p> <p>Fixtures 5 &amp; 6 were concluded before the Middle East war broke out Feb 28 th.</p> <p>Our operating costs are about USD 9,000/day.</p> <p><br/>Sincerely,</p> <p>Herbjorn Hansson<br/>Founder, Chairman &amp; CEO</p> <p>Nordic American Tankers Ltd.                                                        www.nat.bm</p> <p><strong>Contacts:  </strong>     </p> <p>Bjørn Giæver, CFO                                                             <br/>Nordic American Tankers Ltd                                             <br/>Tel: +1 888 755 8391                                  </p> <p>Alexander Kihle, Finance Manager<br/>Nordic American Tankers Ltd<br/>Tel: +47 91 724 171    </p> <br/><img referrerpolicy=\"no-referrer-when-downgrade\" src=\"https://ml-eu.globenewswire.com/media/NjFkNTA3MTktNjFhMy00NDkxLTk2YjQtZDBjMDZlNWQyNDA1LTEwOTU1MjMtMjAyNi0wMy0yMy1lbg==/tiny/Nordic-American-Tankers-Limite.png\"/></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nordic American Tankers Ltd (NYSE: NAT) – A tumultuous situation creates strong results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNordic American Tankers Ltd (NYSE: NAT) – A tumultuous situation creates strong results\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1016364462\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">GlobeNewswire </p>\n<p class=\"h-time smaller\">2026-03-23 20:51</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html><body><p> <br/>Monday, March 23, 2026</p> <p><strong>Dear Shareholders and Investors,</strong></p> <p><br/>The present situation is tumultuous, leading to very strong results. </p> <p>The first quarter of 2026 is expected to be much better than the last quarter of 2025, which were reported February 26, 2026.</p> <p>The infomation below shows the excellent performance.</p> <p>Fixture 1) From the US Gulf via Cape Good Hope to the Far East. The TCE is USD 175,000 over 85 days.     </p> <p>Fixture 2) From West Africa to Asia. The TCE is USD 77,000 over 65 days.</p> <p>Fixture 3) A 90-day fixture. The TCE rate is USD 88,000 per day.</p> <p>Fixture 4) A voyage from the Baltic to Asia. The TCE is USD 150,000 over 60 days.</p> <p>Fixture 5) From Guyana to Europe. The TCE is USD 41,000 over 58 days.</p> <p>Fixture 6) From West Africa to Asia. The TCE is USD 94,000 over 54 days.</p> <p>Fixtures 5 &amp; 6 were concluded before the Middle East war broke out Feb 28 th.</p> <p>Our operating costs are about USD 9,000/day.</p> <p><br/>Sincerely,</p> <p>Herbjorn Hansson<br/>Founder, Chairman &amp; CEO</p> <p>Nordic American Tankers Ltd.                                                        www.nat.bm</p> <p><strong>Contacts:  </strong>     </p> <p>Bjørn Giæver, CFO                                                             <br/>Nordic American Tankers Ltd                                             <br/>Tel: +1 888 755 8391                                  </p> <p>Alexander Kihle, Finance Manager<br/>Nordic American Tankers Ltd<br/>Tel: +47 91 724 171    </p> <br/><img referrerpolicy=\"no-referrer-when-downgrade\" src=\"https://ml-eu.globenewswire.com/media/NjFkNTA3MTktNjFhMy00NDkxLTk2YjQtZDBjMDZlNWQyNDA1LTEwOTU1MjMtMjAyNi0wMy0yMy1lbg==/tiny/Nordic-American-Tankers-Limite.png\"/></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NYSE","symbol_name":"紐交所","start_time":0,"source_url":"https://www.globenewswire.com/news-release/2026/03/23/3260408/0/en/Nordic-American-Tankers-Ltd-NYSE-NAT-A-tumultuous-situation-creates-strong-results.html","article_id":"2621706436","we_media_id":"1016364462","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2621706436","pubTimestamp":1774270260,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"GlobeNewswire","introduction":"Share your news with media, investors, and consumers with targeted distribution options from one of the world’s largest and most trusted newswires.","home_visible":1,"id":"1016364462","head_image":"https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a"},"summary":"Monday, March 23, 2026 Dear Shareholders and Investors, The present situation is tumultuous, leading to very strong results.  The first quarter of 2026 is expected to be much better than the last quarter of 2025, which were reported February 26, 2026. The infomation below shows the excellent performance. Fixture 1) From the US Gulf via Cape Good Hope to the Far East. The TCE is USD 175,000 over 85 days.  Fixture 2) From West Africa to Asia. The TCE is USD 77,000 over 65 days. Fixture 3) A 90-day fixture. The TCE rate is USD 88,000 per day. Fixture 4) A voyage from the Baltic to Asia. The TCE is USD 150,000 over 60 days. Fixture 5) From Guyana to Europe. The TCE is USD 41,000 over 58 days. Fixture 6) From West Africa to Asia. The TCE is USD 94,000 over 54 days. Fixtures 5 & 6 were concluded before the Middle East war broke out Feb 28 th. Our operating costs are about USD 9,000/day. Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American Tankers Ltd.                           ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NYSE":"纽交所","NAT":"Nordic American Tanker","USD":"ProShares Ultra Semiconductors","BK4144":"石油与天然气的储存和运输"},"translate_title":"北欧美国油轮有限公司（纽约证券交易所股票代码：NAT）——动荡的局势创造了强劲的业绩","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NYSE":1.5,"NAT":1.5,"USD":0.9},"content_text":"Monday, March 23, 2026 Dear Shareholders and Investors, The present situation is tumultuous, leading to very strong results.  The first quarter of 2026 is expected to be much better than the last quarter of 2025, which were reported February 26, 2026. The infomation below shows the excellent performance. Fixture 1) From the US Gulf via Cape Good Hope to the Far East. The TCE is USD 175,000 over 85 days.      Fixture 2) From West Africa to Asia. The TCE is USD 77,000 over 65 days. Fixture 3) A 90-day fixture. The TCE rate is USD 88,000 per day. Fixture 4) A voyage from the Baltic to Asia. The TCE is USD 150,000 over 60 days. Fixture 5) From Guyana to Europe. The TCE is USD 41,000 over 58 days. Fixture 6) From West Africa to Asia. The TCE is USD 94,000 over 54 days. Fixtures 5 & 6 were concluded before the Middle East war broke out Feb 28 th. Our operating costs are about USD 9,000/day. Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American Tankers Ltd.                                                        www.nat.bm Contacts:        Bjørn Giæver, CFO                                                             Nordic American Tankers Ltd                                             Tel: +1 888 755 8391                                   Alexander Kihle, Finance ManagerNordic American Tankers LtdTel: +47 91 724 171","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}