$NAT

Bermuda-based oil tanker operators like Nordic American Tankers (NAT) and DHT Holdings report significant profit increases due to heightened demand from the US-Iran war. NAT's CEO cited elevated spot rates, with some voyages charging up to $200,000 per day. DHT secured a three-year charter at $100,000 per day, a 33% increase from July. NAT's share price has risen over 130% year-to-date, while DHT's is up nearly 90%.

Nordic American Tankers Ltd (NAT) reported strong Q2 2026 results, with a net profit of $68.3M, up from $46.3M in Q1. The company increased its dividend to $0.27 per share and reported an average daily rate of $63,000 per ship. NAT has $175M in cash and expects continued strong demand despite geopolitical uncertainty.

Nordic American Tankers increased its quarterly dividend to $0.27 per share from $0.22, payable on September 24 to holders of record on September 10. The company's stock has seen a 5-day change of 6.760 USD, a 1st Jan change of +3.68%, and a year-to-date change of +96.51%.

NORDIC AMERICAN TANKERS Ltd (NAT) furnished an SEC Form 6-K — earnings release. Nordic American Tankers Limited (NYSE: NAT) – Report as per June 30, 2026 – The direction of NAT is unquestionably upwards – rates & values are up Thursday, August 27, 2026 TO SHAREHOLDERS AND INVESTORS, In our report to you a short while ago, we described how Nordic American Tan

Nordic American Tankers (NAT) says ship scarcity has kept Suezmax rates high for its one million barrel vessels, and it expects this to last 1-2 years. NAT reports three ships were trapped in the Arabian Gulf since Feb. 28, 2026, but have been freed and are trading worldwide, with no major insurance issues.

According to Bloomberg and EOS Risk Group, Qatar’s state-owned Nakilat LNG tanker Al Rekayyat was struck near Oman while exiting the Strait of Hormuz, with no casualties reported. The incident followed other Hormuz attacks and prompted Brent to rise above $72.76/bbl as traders reassessed Gulf war-risk premiums and LNG/oil flow disruption risks.

Nordic American Tankers (NAT) said three of its ships became stuck in the Arabian Gulf starting Feb. 28. The company stated the vessels have since cleared the Hormuz Strait and resumed international operations, with crews safe. NAT added that market conditions for its ships are favorable.

Oil and gas tanker and dry bulk shipping stocks fell Friday after vessel traffic through the Strait of Hormuz increased, according to the article, reducing a bottleneck that had supported higher freight rates. Frontline fell 8% and Ardmore Shipping 9%; Dorian LPG and Scorpio Tankers each dropped 5%, with other declines across the sector.

U.S. stock futures rose Friday after Thursday’s gains, with the 10-year Treasury yield at 4.44% and the two-year at 4.05%. CME FedWatch showed a 96.4% chance the Fed holds rates in June. Wells Fargo’s Douglas Beath cited strong S&P 500 Q1 earnings growth (~25%) and a broader rally, but warned volatility may persist. Wells Fargo kept a year-end S&P 500 target of 7400–7600.

Nordic American Tankers (NAT) said its Q1 2026 net result was $46.3 million, beating full-year 2025, and it raised its dividend to 22 cents per share, payable June 24, 2026. About 90% of its fleet is booked in Q2 2026 at ~$68,000/day per ship (vs. ~$47,600/day in Q1). NAT also agreed to build two Suezmax tankers for delivery in 2028.