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    Joseph DePaul

    Research Analyst at DePaul Capital

    Joseph DePaul's questions to NORDIC AMERICAN TANKERS (NAT) leadership

    Joseph DePaul's questions to NORDIC AMERICAN TANKERS (NAT) leadership • Q4 2016

    Question

    Joseph DePaul from DePaul Capital asked a direct question about whether the company planned to scrap any of its ships during the 2017 calendar year.

    Answer

    Chairman & CEO Herbjørn Hansson gave a definitive answer of "no" to scrapping any ships in 2017. He defended this position by reiterating his earlier comments on the high quality and continued viability of the company's older vessels, dismissing opinions from those who do not own and operate ships.

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