Nordic American Tankers Q2 FY26 net profit rises 47.52% to USD 68.3 million
Reuters2026/08/27 09:50- Nordic American Tankers posted Q2 2026 net income of USD 68.3 million, up from USD 46.3 million in the prior quarter.
- Time charter equivalent climbed to USD 63,000 per day per ship from USD 47,600 per day per ship in Q1.
- Quarterly dividend rose to USD 0.27 per share from USD 0.22, payable Sept. 24 to holders of record Sept. 10.
- Cash stood at USD 175 million; operating costs ran below USD 10,000 per day.
- Fleet totaled 17 vessels as of June 30 with two on order; about 75% of Q3 booked at roughly USD 54,000 per day.
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