Nordic American operates a pure-play Suezmax tanker fleet that captures premium ton-mile demand from Red Sea-driven Atlantic basin re-routings. Aging fleet industry-wide and limited shipyard capacity for newbuilds support sustained day rates. US-to-Europe crude flow elevated as a result of sanctions and supply disruptions. Distribution policy returns substantial portion of cash flow.
Thesis reviewed May 29, 2026
Nordic American Tankers Limited is headquartered in BM, which is currently showing moderate signals.
π³BM45NEUTRALView BM risk detail βπ’Shipping45AVOID| Ticker | Company | Score | Gap | Signal Ξ | Action |
|---|---|---|---|---|---|
| EGLE | Eagle Bulk Shipping Inc. | 46 | +14% | β86% | EARLY |
| TEN | Tsakos Energy Navigation Limited | 46 | +12% | β86% | EARLY |
| NAT | Nordic American Tankers Limited | 46 | +14% | β86% | EARLY |
| FRO | Frontline plc | 46 | -4% | β86% | AVOID |
| DAC | Danaos Corporation | 46 | +21% | β86% | EARLY |
| ZIM | ZIM Integrated Shipping Services Ltd. | 46 | -13% | β86% | AVOID |
| GNK | Genco Shipping & Trading Limited | 40 | +14% | β86% | EARLY |
Investors who hold NAT may also have indirect exposure through these country funds.
Suezmax TCE rates above $50,000/day amid Red Sea disruption
Red Sea container/tanker traffic remains 60% below 2023 baseline
Estimates Β· Yahoo Finance Β· Not audited figures
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