Monday, Nordic American Tanker Shipping Ltd. (NAT) said its third-quarter net loss was US$11.79 million or US$0.28 per share compared with a profit of US$42.68 million or US$1.24 per share in the prior year period.
Net voyage revenue for the quarter fell to US$17.74 million from US$67.31 million in the comparable period.
The board has declared a dividend of $0.10 per share in respect of the third quarter of 2009.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.