Nordic American Tankers will notbe ordering newbuildings – at least today, its CEO tells TradeWinds WebTV in anentertaining interview.

See the video here

Nordic has been persistentlylinked with new contracts but Herbjorn Hansson says no deals are imminent.

“There are too many shipsalready,” he said. “For which reason I’m not sure we should invest in newbuildings.

“But we have all options open.