Friday, September 23, 2022
Pricey Shareholders and Traders,
That is to reconfirm that the enterprise of NAT(charges, earnings) is stable and prospects are good.
For contacts, please see on the finish of this communication.
Founder, Chairman & CEO
Nordic American Tankers Restricted
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Issues mentioned on this press launch might represent forward-looking statements. The Non-public Securities Litigation Reform Act of 1995 offers protected harbor protections for forward-looking statements with a purpose to encourage corporations to offer potential details about their enterprise. Ahead-looking statements embody statements regarding plans, targets, objectives, methods, future occasions or efficiency, and underlying assumptions and different statements, that are apart from statements of historic details.
The Firm needs to make the most of the protected harbor provisions of the Non-public Securities Litigation Reform Act of 1995 and is together with this cautionary assertion in reference to this protected harbor laws. The phrases “imagine,” “anticipate,” “intend,” “estimate,” “forecast,” “mission,” “plan,” “potential,” “will,” “might,” “ought to,” “anticipate,” “pending” and comparable expressions determine forward-looking statements.
The forward-looking statements on this press launch are primarily based upon numerous assumptions, lots of that are today techs primarily based, in flip, upon additional assumptions, together with with out limitation, our administration’s examination of historic working tendencies, knowledge contained in our data and different knowledge accessible from third events. Though we imagine that these assumptions had been cheap when made, as a result of these assumptions are inherently topic to vital uncertainties and contingencies that are tough or not possible to foretell and are past our management, we can’t guarantee you that we are going to obtain or accomplish these expectations, beliefs or projections. We undertake no obligation to replace any forward-looking assertion, whether or not on account of new info, future occasions or in any other case.
Necessary components that, in our view, might trigger precise outcomes to vary materially from these mentioned within the forward-looking statements embody the power of world economies and currencies, basic market today techs situations, together with fluctuations in constitution charges and vessel values, modifications in demand within the tanker market, on account of modifications in OPEC’s petroleum manufacturing ranges and worldwide oil consumption and storage, modifications in our working bills, together with bunker costs, drydocking and insurance coverage prices, the marketplace for our vessels, availability of financing and refinancing, modifications in governmental guidelines and rules or actions taken by regulatory authorities, potential legal responsibility from pending or future litigation, basic home and worldwide political situations, potential disruption of delivery routes as a result of accidents or political occasions, vessels today techs breakdowns and cases of off-hires and different necessary components described every now and then within the reviews filed by the Firm with the Securities and Alternate Fee, together with the prospectus and associated prospectus complement, our Annual Report on Type 20-F, and our reviews on Type 6-Ok.
Bjørn Giæver, today techs CFO
Nordic American Tankers Ltd
Tel: +1 888 755 8391
Alexander Kihle, Finance Supervisor
Nordic American Tankers Ltd
Tel: +47 91 72 41 71