Equinor to Charter Nordic American Tankers’ Suezmax

Bermuda-based tanker owner Nordic American Tankers has fixed one of its Suezmax vessels with Norway’s energy company Equinor.

Under the deal, the company’s 158,600 dwt crude oil tanker Nordic Zenith would be chartered for a period of twelve to fifteen months. The new contract is expected to commence on expiration of the present spot employment.

NAT informed that the contract has a value between USD 9 million and USD 11 million, depending upon the detailed scheduling of the vessel.

“Going forward, we sense a strong upward trend for the tanker industry. NAT is in a positive phase of development,” according to NAT.