July 12, 2022
Dear Shareholders and Investors,
We are seing a strong improvement for our vessels. The fixtures also reflect waiting time.
Our operating costs are about USD 7,500/day.
The market improvement is clear:
8th July: Vessel fixed to Chinese interests for a voyage from Libya to China. Time Charter Equivalent(TCE) about USD 32,500 over 52 days.
7th July 2022: Vessel fixed to European interest for a voyage from Mediterranean to Singapore. The TCE is about USD 32,700 over 40 days.
5th July 2022: Vessel fixed to a major for a voyage from South America to US East Coast. TCE about USD 51,000 over 20 days.
29th June 2022: A vessel fixed to European major for voyage from West Africa to Spain. TCE about USD 30,000 over 33 days.
21st June 2022: A vessel fixed to European major for a voyage from East Coast Mexico to Continent. TCE about USD 35,500.
6th June 2022: A vessel fixed to a major for a voyage from West Africa to Trieste. TCE about USD 24,000 over 39 days.
For contacts, please see at the end of this communication.
Founder, Chairman & CEO
Nordic American Tankers Limited
Nordic American Tankers Ltd, press release