Nordic Business Report-July 31, 2006-Nordic American Tanker Shipping Ltd acquires two Suezmax tankers
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The Norway-listed Bermuda-based shipping company Nordic American Tanker Shipping Ltd said on Monday (31 July) that it has agreed to acquire two additional Suezmax tankers.
The vessels, the company's eleventh and twelfth, were built by Samsung in Korea in 2002 and 2004, respectively. Both vessels are sister ships to Nordic American Tanker Shipping's tenth Suezmax tanker, the purchase of which was announced earlier this month.
The combined purchase price for the three vessels amounts to USD246m.
One US dollar (USD) is worth approximately 0.54 British pounds (GBP).
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