Nordic American Tankers Q1 Average Time Charter Equivalent (TCE) For Its Fleet Came In At $34,320 Per Day Per Ship
Portfolio Pulse from Benzinga Newsdesk
Nordic American Tankers reported that its Q1 average Time Charter Equivalent (TCE) for its fleet was $34,320 per day per ship.
May 29, 2024 | 12:17 pm
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Nordic American Tankers reported a Q1 average Time Charter Equivalent (TCE) of $34,320 per day per ship, indicating strong revenue generation for the quarter.
The reported TCE of $34,320 per day per ship is a key metric for shipping companies, indicating strong revenue generation. This positive performance is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100