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Nordic American Tankers Limite

Sure, I can assist you with that. Nordic American Tankers Limited (NAT) is a Bermuda-incorporated tanker company, with its shares listed on the New York Stock Exchange (NYSE) under the ticker symbol "NAT."

Here are some key points about Nordic American Tankers Limited:

* Fleet: NAT operates a fleet of Suezmax tankers, which are designed to transport crude oil and other petroleum products across the globe. As of March 2023, the company had 24 vessels in its fleet, with an aggregate cargo capacity of around 4.5 million deadweight tons.

* Operations: The company's vessels primarily operate on long-term charters to major oil companies and oil traders. NAT's fleet is employed on both spot and period charters, providing the company with a balance between spot market exposure and stability of long-term contracts.

* Business Model: NAT's business model revolves around providing transportation services to the oil industry. They generate revenue by charging customers for the use of their vessels to transport crude oil and other petroleum products. The company's profitability is closely linked to the demand for oil transportation, tanker supply and demand fundamentals, and the overall health of the global oil and shipping industries.

* History: Nordic American Tankers Limited was founded in 1995 as a spin-off from the Norwegian shipping company Overseas Shipholding Group (OSG). The company has grown its fleet through newbuildings, acquisitions, and strategic alliances, and has been listed on the NYSE since 1996.

* Financials: As of their latest quarterly report (Q3 2022), NAT had a market capitalization of around $1.35 billion, and a total equity value of around $700 million. Their Q3 2022 revenues were reported at $116.1 million, with a net income of $48.9 million.

Nordic American Tankers Limited has been paying a consistent dividend to its shareholders, currently yielding around 10.7% annually, which is an attractive feature for income-seeking investors. However, it's essential to note that the company's stock price has been subject to significant volatility, affected by factors such as global demand for oil, tanker supply and demand imbalances, and the impacts of global events such as the ongoing COVID-19 pandemic. Investors considering investing in NAT should carefully evaluate the company's fundamentals, industry trends, and market risks before making any investment decisions.

I hope this information helps you get started with your research on Nordic American Tankers Limited.