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NATURE OF BUSINESS (Tables)
12 Months Ended
Dec. 31, 2014
NATURE OF BUSINESS [Abstract]  
Current Fleet
The Company’s current fleet consists of 24 Suezmax crude oil tankers, including two newbuildings, and all of its 22 vessels in operation are employed in the spot market. The Company has entered into preliminary contracts for the construction of two Suezmax vessels expected to be delivered in the third quarter 2016 and first quarter 2017.

 
Vessel
 
Yard
 
Built
 
Deadweight Tons
 
Delivered to NAT
 
Nordic Harrier
Samsung
1997
151,459
August 1997
Nordic Hawk
Samsung
1997
151,475
October 1997
Nordic Hunter
Samsung
1997
151,401
December 1997
Nordic Voyager
Dalian New
1997
149,591
November 2004
Nordic Fighter
Hyundai
1998
153,328
March 2005
Nordic Freedom
Daewoo
2005
159,331
March 2005
Nordic Discovery
Hyundai
1998
153,328
August 2005
Nordic Saturn
Daewoo
1998
157,331
November 2005
Nordic Jupiter
Daewoo
1998
157,411
April 2006
Nordic Moon
Samsung
2002
160,305
November 2006
Nordic Apollo
Samsung
2003
159,998
November 2006
Nordic Cosmos
Samsung
2003
159,999
December 2006
Nordic Sprite
Samsung
1999
147,188
February 2009
Nordic Grace
Hyundai
2002
149,921
July 2009
Nordic Mistral
Hyundai
2002
164,236
November 2009
Nordic Passat
Hyundai
2002
164,274
March 2010
Nordic Vega
Bohai
2010
163,940
December 2010
Nordic Breeze
Samsung
2011
158,597
August 2011
Nordic Aurora
Samsung
1999
147,262
September 2011
Nordic Zenith
Samsung
  2011
158,645
November 2011
Nordic Sprinter
Hyundai
  2005
159,089
July 2014
Nordic Skier
Hyundai
  2005
159,089
August 2014
Newbuild #1
Sungdong
  
August 2016
Newbuild #2
Sungdong
  
January 2017