New York-listed NAT booked a gain of $3.99m for the quarter having shed $32.39m a year ago en route to a £105.42m annual loss.
Herbjorn Hansson-led Nordic reported earnings per share of $ 0.05 in the period, missing the $0.16 per share consensus.
Revenue more than doubled to $45.02m in a quarter in which the owner reported positive cash flow of $27.1m.
