# NAT fleet developments

**URL:** <https://discussion.fool.com/t/nat-fleet-developments/121983>\
**Category:** Shipping News\
**Created:** [November 4, 2025, 8:01pm UTC](https://discussion.fool.com/t/nat-fleet-developments/121983 "2025-11-04T20:01:57Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![HohumYNWA](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/hohumynwa/32/1511_2.png) [@HohumYNWA](https://discussion.fool.com/u/HohumYNWA)\
**Post date:** [November 4, 2025, 8:01pm UTC](https://discussion.fool.com/t/nat-fleet-developments/121983/1 "2025-11-04T20:01:57Z")

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Nordic American Tankers (NAT) announced yesterday the signing of a Letter of Intent with a South Korean shipyard to order two newbuild Suezmax, delivery in 2028.

> **[Nordic American Tankers Ltd (NYSE: NAT) – Newbuildings – Nordic American Tankers](https://www.nat.bm/nordic-american-tankers-ltd-nyse-nat-newbuildings/)**

In the first half of the year, NAT filed a shelf statement including a note on future offering to raise capital. Might be too close to earnings here to raise capital. But, sometime after results - maybe?

Small NAT position currently. But, I do favor NAT as a “trading fish”