The offshore newcomer has been established by NordicAmerican Tankers (NAT), which is led by Norwegian shipping veteran HerbjornHansson, in a drive to fund increased dividends for NAT shareholders.
Hansson commented of the deal: “We believe there will be anincrease in the demand for offshore supply services, and that these vesselswill have the properties that we need for our fleet.”
He said that along with the aim of hiking dividends, thetanker firm also wanted to use the new offshore vehicle to “extract costsynergies and to leverage the NAT customer relationship in the energy business”.
NAO
