Port News

Nordic American Tankers sells vintage suezmax for $40m

New York-listed suezmax specialist Nordic American Tankers (NAT) has sealed a deal to sell a 2005-built vessel for about $40m, continuing its steady disposal of older tonnage. The Herbjørn Hansson-led company did not disclose the identity of the vessel or the buyer. The latest deal follows a string of sales aimed at rejuvenating the fleet. …

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