Nordic American Tanker Shipping Ltd. (NAT) - (NYSE: NAT) NAT Chairman & CEO Buys NAT shares

Nordic American Tanker Shipping Ltd. (NAT) - (NYSE: NAT) NAT
Chairman & CEO Buys NAT shares 


HAMILTON, Bermuda, May 13  /PRNewswire-FirstCall/ -- Nordic American Tanker
Shipping Ltd. (the "Company") today announced that the Chairman & CEO Mr.
Herbjorn Hansson has bought 10,000 shares in NAT at a market price of $40.03
Mr. Hansson owns thereafter a total of 25,000 shares of the Company.

Scandic American Shipping Ltd. ("Scandic"), the Manager of the Company, has a
total of 332,890 restricted shares of NAT.  Mr. Hansson is the majority owner
of Scandic.

   Contacts:
   Scandic American Shipping Ltd.
   Manager for
   Nordic American Tanker Shipping Ltd.
   P.O Box 56
   3201 Sandefjord, Norway
   Tel: + 47 33 42 73 00 E-mail:  
   Web-site:  http://www.nat.bm/

   Rolf Amundsen
   Chief Financial Officer
   Nordic American Tanker Shipping Ltd.
   Tel: [phone] or + 47 908 26 906

   Gary Wolfe
   Seward & Kissel LLP, New York, USA
   Tel: [phone]

   Herbjorn Hansson
   Chairman & CEO
   Nordic American Tanker Shipping Ltd.
   Tel:  [phone] or + 47 901 46 291


DATASOURCE: Nordic American Tanker Shipping Ltd.



CONTACT:  Rolf Amundsen, Chief Financial Officer, [phone], or

[phone], or Herbjorn Hansson, Chairman & CEO, [phone], or

[phone], both of Nordic American Tanker Shipping Ltd.; or Gary Wolfe of

Seward & Kissel LLP, New York, USA, [phone]; or Scandic American

Shipping Ltd., for Nordic American Tanker Shipping Ltd., [phone], or

 



Web site: http://www.nat.bm/ 

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