Herbjorn Hansson's Nordic American Tankers (NAT) has fixed financing for its recently acquired suezmax newbuildings in a sale and leaseback deal with Norway's Ocean Yield.

The Kjell Inge Rokke-backed shipowner said it had acquired the two 157,000-dwt tankers at up to $44m each, after seller's credits at a minimum level of 20%.

The vessels are scheduled for delivery from Samsung Heavy Industries in South Korea during the first half of 2022.