Nordic American Tanker (NAT) has released an update.
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Nordic American Tankers reported a positive outlook for its Suezmax fleet, achieving $125 million in revenue from time-charter contracts in the third quarter of 2024. The company maintained a robust profit margin with a net income of $8.7 million and declared its 109th consecutive quarterly dividend. The tight supply of Suezmax tankers and growing demand suggest promising future earnings and potential for increased dividends.
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