Nordic American Tankers (NAT) Message Board

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Non-Tech : Nordic American Tankers (NAT)

NAT 3.680

+0.3%

Oct 31 9:30 AM EST

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To: The Barracuda™ who wrote (15)	10/17/2000 8:07:54 AM
From: Logain Ablar	Read Replies (1) of 52

HI X: I also think the price of oil has / is topping and the economy will slow. A slow down should still be ok as long as we don't go into a recession (odds increasing on this). A wild card is the move to double hulls and newer tankers (my understanding Lloyds no longer insurers tankers over 15 yrs. old). Keeps demand up due to tight supply. We have a base dividend @ around 30 to 34 cents / qtr. just on the 7 year lease floor rate. Tim

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