Nordic American Tankers's second quarter report passed this week with a key question about if it has tapped an expensive credit line from DNB going unanswered.
Herbjorn Hansson-led NAT reported a second-quarter loss of $0.16 per share when adjusted for one-time items, missing Wall Street analysts' consensus expectations of a $0.14 loss.
Still, it was NAT’s silence on the $375m DNB credit line — previously said to be available from 1 July — that caught equity analysts’ attention.
