Nordic American Offshore has announced plans to raise more than $100 million through its IPO that will help fund the purchase of at least two new platform supply vessels at VARD.

Update: NAT has announced an option for a 7th vessel will be included as part of this fleet growth plan.  The price for the 7th vessel will be $45 million,...

The 19th annual Hellenic-American and Norwegian-American Chambers of Commerce shipping conference was held yesterday at the Waldorf-Astoria hotel in New York City. The event was co-chaired by Brian Devine, a Partner at...

(Bloomberg) — Nordic American Tankers Ltd., the third-largest owner of oil tankers hauling 1 million-barrel cargoes, said it may double its fleet within half a decade, betting rising Asian energy...