NordicAmerican Tankers’ chief executive Hansson pointed to the improved conditions inthe market in a letter to shareholders today.
“I wish to be cautiousand conservative. We do see, however, recent developments as positive signs,indicating that we are coming closer to a recovery,” Hansson said.
While NAT does not offerspecific predictions, the letter did highlight a report from FearnleysShipbrokers which placed rates on the West Africa to the US Gulf route at$57,500 daily on Thursday.
