http://www.tankeroperator.com/ViewNews.aspx?NewsID=11449
In a
letter to shareholders, Herbjørn Hansson, Chairman & CEO of Nordic
American Tankers, says that the tanker market is the "strongest we have
seen in decades".
"Increased exports from Saudi Arabia lead to extra demand for tonnage.
As an example, it has been indicated that one million barrels a day
extra from Saudi Arabia to the Far East create demand for about 45
suezmaxes.
"It is simple: Increased demand leads to more transportation work for
our tankers. The last days we have entered into solid contracts for our
suezmax tankers in the region of $65,000 per day to more than $100,000
per day. Our operating costs are about $8,000 per day per vessel. NAT
has 23 suezmaxes which can load one mill barrels each."
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