Analysts are backing Nordic American Tankers (NAT) over its plan to pay off debt within two years.
Clarksons Securities said the US-listed suezmax shipowner is performing well in the rising tanker market as cash flows continue to grow.
The company intends to revert to the “former glory” of its debt-free status and distribute its entire cash flow in dividends, analysts led by Frode Morkedal said.
