Nordic American Tankers Ltd: Insights from the 2024 Annual Report

Author: Owen Jenkins Updated: 06-11-2025 09:46 AM

Nordic American Tankers Ltd: Key Highlights from the Annual Report

Dear Shareholders and Investors,

As we progress through another year, it's a great time to reflect on the achievements and future directions of Nordic American Tankers Ltd (NYSE: NAT). The recent Annual Report on Form 20-F provides numerous insights into how the company is navigating the complexities of the shipping industry.

Understanding Our Annual Report

The 2024 Annual Report was filed with the appropriate regulatory bodies and is now accessible for stakeholders. Both the SEC website and our own official site host the report for your convenience. This accessibility reflects our commitment to transparency, allowing you to stay updated with our operations.

If you prefer a tangible version, any shareholder can request a hard copy of NAT’s complete 2024 Form 20-F at no extra charge. We believe that maintaining clear communication with our investors is vital to our mission.

Key Performance Metrics

Within the 2024 report, several performance metrics are highlighted, showcasing our operational effectiveness and financial health. These indicators not only reflect our current stability but also pave the way for growth opportunities in the future. The report includes comprehensive details about our financial performance, operational efficiency, and projections moving forward.

Looking Ahead: Future Directions

While the specifics about our Annual General Meeting (AGM) are still being finalized, we remain optimistic about the upcoming discussions. The AGM gives us the opportunity to engage with our shareholders and hear your insights, which is invaluable to us.

Our focus remains on maximizing shareholder value while adhering to sustainable practices that align with our long-term growth strategies. As part of our commitment to sustainability, we aim to enhance our operations to meet the demands of the modern maritime sector.

Staying Connected

As we move forward, staying connected and enhancing communication with all our stakeholders is of utmost importance. We encourage shareholders to reach out to us anytime. Your feedback is essential in guiding our strategies and ensuring we are aligned with your expectations.

Company Leadership

Herbjorn Hansson, our Founder, Chairman & CEO, often reinforces the importance of stakeholder relationships. His leadership ensures that Nordic American Tankers Ltd remains steadfast in its values and mission, focusing on innovation and efficiency.

Bjørn Giæver, our CFO, along with Alexander Kihle, Finance Manager, are pivotal in driving our financial strategy. Their commitment to excellence and fiscal responsibility ensures a stable financial future for NAT.

Contact Information

If you have questions or require further assistance, feel free to contact us:

Bjørn Giæver, CFO
Nordic American Tankers Ltd
Tel: +1 888 755 8391

Alexander Kihle, Finance Manager
Nordic American Tankers Ltd
Tel: +47 91 724 171

Frequently Asked Questions

Where can I find the 2024 Annual Report for NAT?

The report is available on both the SEC website and on Nordic American Tankers’ official site.

How can I obtain a hard copy of the 2024 Form 20-F?

Shareholders can request a hard copy free of charge through our company contacts.

When will the Annual General Meeting be held?

The specific date for the AGM will be announced later; we will communicate this to our shareholders.

Who is the CEO of Nordic American Tankers?

Herbjorn Hansson serves as the CEO, providing leadership and direction for the company.

How can I get in touch with NAT’s leadership team?

You can reach out to our CFO or Finance Manager via the contact information provided in the report.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

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