Nordic American Tanker Shipping Limited - Sales Analysis Snapshot

Business Description
This Report provides a comprehensive Sales & Margin summary analysis for Nordic American Tanker Shipping Limited Tabular results include up to a ten-year history on Sales, EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization), Income before Extraordinary Items and number of Employees. Additional ratios are included for sales growth, earnings and income as a percent of sales and Sales per Employee.

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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