Nordic American Tankers Ltd (STU:B30)
€ 2.318 0 (0%) Market Cap: 496.47 Mil Enterprise Value: 723.94 Mil PE Ratio: 8.55 PB Ratio: 1.02 GF Score: 56/100

Nordic American Tanker Ltd Solid Position for the Nordic American Fleet Call Transcript

Dec 02, 2022 / 01:00PM GMT
Release Date Price: €3.47 (+4.14%)
HerbjÃ;rn Hansson
Nordic American Tankers Limited - Founder, Chairman & CEO

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Thank you very much, sir. And thank you also to all our friends listening in and prepare to take the floor and ask questions. And I will, as an introduction, make a few observations on Nordic American Tankers Limited. And I will just mention them in short at the start of this conference.

And that is question number one I would bring up that is, what is happening in the marketplace? We are very focused in our group on so-called ton-miles, that is the same as transportation work. And the notional ton miles thus reflect the transportation work. And what we are seeing at this time, that is that the transportation work is increasing all the time.

And we analyze this from various angles. We analyze our bases in Japan, in China, in Korea, and also in India. And as you know, we do have our business all around the world. In the recent past, we have started lifting oil from Guyana in South America.

And again, I emphasize that we are focused on transportation work. We have a lot of business

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