The firm will need a successful and sustainable reopening of the economy to be successful itself.
There has been a windfall in profitability in this industry that none of the management teams are taking credit for predicting. None of them believe it's ending, either.
Let's review the charts and indicators.
While both companies are run by Norwegian citizens and headquartered in Hamilton, Bermuda, DHT's fleet is quite different from NAT's.
NAT's story really can be distilled into one word: scarcity.
Nordic American Tanker continues to soar higher amid volatility.
Booyah! NAT Chairman and CEO Herbjorn Hansson is scheduled to appear with Jim Cramer on Mad Money tonight.
The demand for floating storage - renting an oil tanker for the purpose of holding the cargo until oil prices improve - has increased exponentially.
One of Asia's largest oil shippers has sought protection against liquidation from 23 of the world's biggest banks amid revelations of its founder's cover-up.
This is a good time to protect your profits.