New York-listed NAT will grow beyond its 24 suezmaxes “when we believe it is commercially beneficial to do so,” chairman and CEO Herbjorn Hansson said in a letter to shareholders.
He said 2015 has seen a very strong start, with the most active tanker market in years.
Hansson added that on Wednesday, a company he owns with son Alexander bought 50,000 NAT shares at $10.50