Nordic American Tankers (NAT) has declared itself unconcerned about Donald Trump’s election as US president and expects its dividend capacity to increase in the future.

The tanker owner reported a net loss of $7.6m in the third quarter, compared to earnings of $25.8m a year earlier.

Loss per share of $0.08 came in lower than analysts' projections of between $0.12 and $0.22.

NAT