Tuesday, May 14, 2024
Dear shareholders and investors,
Please note that the 2024 Q1 earnings report is scheduled to be released on Wednesday, May 29, 2024 before the opening of the New York Stock Exchange.
sincerely,
Herbjörn HanssonFounder, Chairman and CEO
Nordic American Tankers Ltd. www.nat.bm
Cautionary statement regarding forward-looking statements
The matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe protection for forward-looking statements in order to encourage companies to provide forward-looking information about their business. Forward-looking statements include statements regarding future plans, goals, objectives, strategies, events or performance, underlying assumptions and other statements, which are different from statements of historical facts.
The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with such safe harbor legislation. The words “believe, expect, intend, estimate, predict, project, plan, potential, will, might, should, anticipate, pending, and similar expressions identify forward-looking statements.”
The forward-looking statements contained in this press release are based on various assumptions, many of which in turn are based on other assumptions, including, but not limited to, our management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when they were made, because such assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond our control, we cannot assure you that we will meet or achieve these expectations, beliefs or expectations. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
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Important factors that, in our opinion, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of global economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, and changes in demand in the tanker market. , as a result of changes in OPEC oil production levels and worldwide oil consumption and storage, changes in our operating expenses, including fuel prices, drydocking and insurance costs, the market for our vessels, the availability of financing and refinancing, and changes in government rules and regulations or actions that taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to political accidents or events, vessel disruptions and charter stoppages and other important factors described from time to time in reports filed by the Company.
Securities and Exchange Commission, including our prospectus and related prospectus supplement, our annual report on Form 20-F, and our reports on Form 6-K.
Contacts:
Bjørn Gefer, CFO Nordic American Tankers Ltd Tel: +1 888 755 8391
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Alexander Kehle, CFO Nordic American Tankers Ltd, Tel: +47 91 724 171
