Nordic American Tankers chief executive Herbjorn Hansson says Nordic American Tankers is performing well in the fourth quarter, with average time charter equivalent (TCE) rates roughly 20% better than the prior reporting period.
In a letter to shareholders, he said the New York-listed suezmax tanker owner's ships have locked in TCE rates of about $20,000 per day with just 25% of the quarter's remaining operating days yet to be fixed.
That's
