Tag Archives: NAT

Nordic American Tanker results video

By Tim | Published: February 16, 2010
Cramer discusses Nordic American Tanker and chats with the CEO. Saves me the time to write up comments, since the covered the major points. NAT has done a great job of increasing the fleet during the downturn and the stock has held up well. Just need some of those $1.00+ quarterly distributions.
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Are Tanker Rates Headed Higher?

By Tim | Published: January 19, 2010
Capital Link Shipping | Investing In International Shipping Maritime. A couple of comments on the above linked tanker market summary. Nice to see VLCC rates back above $85k. They averaged $25k for all of 2009. There are only 50 VLCC tankers available in the Arabian Gulf for the next month. Typically, 90 of the big tankers are [...]
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Interesting news from Nordic American Tanker

By Tim | Published: September 29, 2009
A letter out today from Herbjorn Hansson, CEO of Nordic American Tanker NAT is my excuse to get back to writing articles for this site. Sorry about the time off. Most of the letter just reiterates NAT’s position on no debt, stable finances and low overhead and per day break even. For those of us [...]
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Quality of Dividends, Part IV

By Tim | Published: July 9, 2009
Continuing my countdown of dividend paying shipping stocks. I a trying to give a quick recap of the stability and coverage of these distributions. Navios Maritime Holdings NM pays what in this sector would be considered a nominal dividend of 6¢ per share. From 2006 until the 2nd quarter of 2008 it was 7¢, then jumped [...]
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Shipping Stocks dividends 2009, Part III

By Tim | Published: June 5, 2009
Today I continue the countdown of shipping stocks that have paid dividends so far in 2009. As previously reported, there are 25 stocks on my list and I have been counting them down in groups of 5 from the lowest payout to the highest. Here are the payors 11 through 15 on my list. The stocks [...]
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One best shipping stock?

By Tim | Published: May 15, 2009
I an email response to one of the posts here I received the following note and questions: I’ve been following your blog for some time and want to tell you that I find it very interesting-as a matter of fact, I look forward to it. I have two questions for you. First,if you would invest in one [...]
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Nordic American tanker pays surprising dividend

By Tim | Published: May 5, 2009
NORDIC AMERICAN TANKER SHIPPING LTD.. Anyway, I am surprised that Nordic American Tanker NAT could pay 88¢ for the first quarter, up a penny from the 4th quarter of 2008. Tanker spot rates have been declining all year, but the slippage did start in earnest near the end of the 1st quarter and into the 2nd. [...]
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More on slashed dividends

By Tim | Published: April 22, 2009
Concerning my note yesterday on the companies that have suspended dividends I received the following email: I’m sure you know, but just in case: FRO has slashed their dividend, along with SFL. We’d like to know which shipping companies are best equipped to weather the storm, and which ones might move rapidly upwards one a hole forms [...]
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