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Wright Reports > Price Analysis Report > N > Nordic American Tanker Shipping Limited

Nordic American Tanker Shipping Limited - Price Analysis Snapshot

This Report features up to a ten-year record of the equity Price history for Nordic American Tanker Shipping Limited. Tabular results include the High, Low and Closing price for the quarter. There is also a calculation of percentage change in price for both Quarterly and Annual periods. Price values are adjusted for stock splits and dividends.

Nordic American Tanker Shipping Limited. The Group's principal activity is to own and operate Suezmax crude oil tankers. It operates vessels on bareboat charter, spot related time charters and in the spot market. The Group has time chartered two of its original vessels at spot market related rates for three-year terms up to the autumn of 2007. It has bareboat chartered the third of its original three vessels to Gulf Navigation Company LLC of Dubai, UAE for a term of five years at a fixed rate of charterhire. In March 2005, the Group acquired its fifth and sixth vessel, In August 2005 Seventh Vessel. The Group's fleet consists of twelve vessels.

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