ervesNordic American Tankers

90 words.Nordic American Tankers reported Q3 2025 results, declaring a $0.13 per‑share dividend—the 113th consecutive payment—payable on Dec 22, 2025. The 20‑vessel Suezmax fleet logged an average TCE of $27,490/day against $9,000/day operating costs, delivering adjusted EBITDA of $21.4 million while posting a $2.8 million net book loss. Cash reserves exceed $70 million. The company secured a preliminary deal for two new Suezmax ships slated for delivery in H2 2028, with a firm contract expected in early 2026, and continues to rely on major oil majors for stable long‑term charters.