Nordic American Tankers Ltd. nat / CRO Stock
This company operates in the maritime transportation sector, specifically focusing on the global movement of crude oil and refined petroleum products. It owns and operates a fleet of modern, double-hull suezmax tankers. These vessels are designed to carry large quantities of oil, making them integral to the international energy supply chain. The company's business model centers on chartering its vessels to oil companies and other charterers on either spot market voyages or time charters. This allows for flexibility in responding to market demand and freight rates. Its market position is defined by its specialized fleet of suezmax tankers, a key segment of the tanker market due to the size and Suez Canal transit capabilities of these ships. The company's success is closely tied to global oil production, consumption patterns, and the resulting demand for tanker capacity.
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Volume: 2026-02-11
Aggregate Volume: 203 Days
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