Nordic American Tankers has booked a healthy profit from the sale of two older suezmax tankers as the company presses on with its fleet renewal strategy. The New York-listed owner said it has sealed a deal to sell a pair of 2004- and 2005-built suezmaxes for a combined net price of $50m. Both vessels are debt free and are due to be delivered to their new owners in January 2026. While NAT did not name the buyer, the 2004-built ship is listed as the 150,037 dwt Nordic Luna, the second-oldest vessel in the company’s fleet. The group also counts three 2005-built suezmaxes among its remaining ships. The company said it expects to record a book gain of about $14m from the transaction, strengthening its cash position as it lines up its next newbuilding move. NAT has already flagged plans to return to the newbuilding market, having signed a preliminary agreement for two suezmax tankers at a South Korean yard. A firm contract is expected to be concluded in January 2026, with deliveries pencilled in for the second half of 2028. The owner last ordered new ships in 2020, when it booked two suezmaxes at Samsung Heavy Industries. Those vessels were delivered in 2022 under a sale-and-leaseback arrangement with Ocean Yield. Alongside newbuildings, NAT has been active in the secondhand market. Earlier this year it took over two 2018-built suezmaxes from Ocean Yield and bought two 2016-built units from Eastern Pacific Shipping for around $65.6m apiece. The Herbjørn Hansson-led ompany currently controls a fleet of 20 suezmaxes, with the latest sale underlining its efforts to lower fleet age while locking in value from older tonnage. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsNorway