Nordic American Tankers' Q1 revenue of $60.572M and EPS of $0.07 missed estimates. NAT's average TCE was $33,570 per day per ship, with net operating income down to $23.063M from $54.676M a year ago.
Five people were rescued from a tug that lost steering in heavy seas off the coast of La Push, Wash., Friday afternoon. At 4:10 p.m., the 130-foot commercial tug Luther lost steering and was beset by ...