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Nordic American Tankers Ltd (NYSE: NAT) – A 2003-built vessel sold for $25 million

globenewswire.com
NAT The company sold a 2003-built suezmax tanker for $25 million, which has no debt. While this is a financial transaction, the article does not provide enough context to determine if it's a positive or negative indicator for the company's future performance.

Monday, February 9, 2026

Dear Shareholders and Investors,

I am pleased to announce that we have entered into a sales agreement for a 2003-built suezmax tanker.

The sales price of the ship is $25 million net to us and the ship has no debt.

Nordic American Tankers Ltd. is in a solid position.

Sincerely,

Herbjorn Hansson

Founder, Chairman & CEO

Nordic American Tankers Ltd. www.nat.bm

Contacts:

Bjørn Giæver, CFO

Nordic American Tankers Ltd

Tel: +1 888 755 8391

Alexander Kihle, Finance Manager

Nordic American Tankers Ltd

Tel: +47 91 724 171