NAT

Nordic American Tankers Limited

A shipping company that operates a fleet of Suezmax crude oil tankers—oversized vessels that haul crude oil for major international oil companies and traders. Incorporated in Bermuda in 1995, it sold shares to the public that year and used the proceeds to buy its first three double-hulled tankers, which it chartered to oil giant BP. Its fleet is deliberately uniform, all Suezmax-sized ships, a quirk that simplifies hiring and maintenance.