Nordic American Tankers Ltd (NAT) - Fleet expansion programme commenced, involving the selling and buying of ships

October 6, 2021

Dear Shareholders and Investors,

In our information to the market of July 28, we advised you of our fleet expansion, involving the selling and buying of vessels.

We have now sold a suezmax (2000 built). The transaction is fixed and firm.

The vessel is due for delivery to the new owner in October/November this year.

The transaction is a part of the NAT fleet expansion.

Our policy is always to underpromise and overdeliver.

Sincerely,

Herbjorn Hansson
Founder, Chairman & CEO
Nordic American Tankers Ltd.

Nordic American Tanker Shipping Ltd., press release