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Nordic American Tanker Ltd

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  • LONDON, Dec 15- The oil price drop will hand tanker markets an unexpected bonus next year, boosting demand for oil storage at sea while distant eastern markets also bargain-hunt fuel and need shipping. Supertanker rates are already close to five-year highs of over $83,000 a day- helped by a drop in shipping fuel bunker prices. Herbjorn Hansson, chairman and chief...

  • Current-quarter gains for shipping companies such as Teekay Tankers Ltd and DHT Holdings Inc could last until the middle of next year as oil prices- currently at four-year lows- remain depressed. U.S. crude dipped below $70 a barrel on Thursday after Saudi Arabia blocked calls for output reductions from some members of the Organization of the Petroleum...

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  • Cramer: Will $8 Hold as Key Level of Support Wednesday, 15 May 2013 | 11:25 PM ET

    Cramer can't help but wonder if this stock simply can't go much lower.

  • Nordic American Tanker CEO on   Wednesday, 15 May 2013 | 6:45 PM ET
    Nordic American Tanker CEO on

    Nordic American Tankers CEO Herbjorn Hansson discusses the shipping industry and how his company is faring.

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  • NAT CEO: We are at the Bottom of This Business   Wednesday, 20 Feb 2013 | 6:45 PM ET
    NAT CEO: We are at the Bottom of This Business

    Nordic American Tanker posted a Q4 2012 loss of 39 cents per share versus a consensus estimate for a net loss of 36 cents. Herbjorn Hansson, Nordic American Tanker chairman & CEO, weighs in.

  • Jim Cramer: ‘Darkest Before the Dawn’ Stock? Wednesday, 20 Feb 2013 | 6:44 PM ET

    With shares down more than 50% in two years, could the path of least resistance be higher for this stock?

  • Nordic American Tanker CEO Talks Earnings   Wednesday, 15 Feb 2012 | 6:45 PM ET
    Nordic American Tanker CEO Talks Earnings

    Should you jump into the tanker industry? Herbjorn Hansson, Nordic American Tanker chairman & CEO, discusses his company's earnings upside: "The last three quarters we are up and up and up," he tells Mad Money host Jim Cramer.

  • Will Nordic American Tanker Stock Tank?   Monday, 7 Nov 2011 | 6:57 PM ET
    Will Nordic American Tanker Stock Tank?

    Cramer asks, "What do you do with the best house in a horrible neighborhood?" Discussing the tanker sector and why NAT may be one of the best stocks to own when spot rates recover, with Herbjorn Hansson, Nordic American Tanker CEO.

  • Nordic American Tanker CEO   Monday, 9 May 2011 | 6:13 PM ET
    Nordic American Tanker CEO

    Herbjorn Hanson, Nordic American Tanker CEO, and Mad Money host Jim Cramer discuss the oil market and an oversupply of ships transporting that oil. Even thought the tanker market remains depressed, Cramer says, Nordic stands to benefit from others' pain.