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NATURE OF BUSINESS (Tables)
12 Months Ended
Dec. 31, 2016
NATURE OF BUSINESS [Abstract]  
Current fleet
Including four newbuildings, the Company’s current fleet consists of 33 Suezmax crude oil tankers of which 31 were built, or are under construction, in Korea. The Company has entered into preliminary contracts for the construction of three Suezmax vessels expected to be delivered in the second half of 2018.

Vessel
Built
Deadweight
Tons
Delivered to NAT
Nordic Harrier
1997
151,459
1997
Nordic Hawk
1997
151,475
1997
Nordic Hunter
1997
151,401
1997
Nordic Voyager
1997
149,591
2004
Nordic Fighter
1998
153,328
2005
Nordic Freedom
2005
159,331
2005
Nordic Discovery
1998
153,328
2005
Nordic Saturn
1998
157,331
2005
Nordic Jupiter
1998
157,411
2006
Nordic Moon
2002
160,305
2006
Nordic Apollo
2003
159,998
2006
Nordic Cosmos
2003
159,999
2006
Nordic Sprite
1999
147,188
2009
Nordic Grace
2002
149,921
2009
Nordic Mistral
2002
164,236
2009
Nordic Passat
2002
164,274
2010
Nordic Vega
2010
163,940
2010
Nordic Breeze
2011
158,597
2011
Nordic Aurora
1999
147,262
2011
Nordic Zenith
2011
158,645
2011
Nordic Sprinter
2005
159,089
2014
Nordic Skier
2005
159,089
2014
Nordic Light
2010
158,475
2015
Nordic Cross
2010
158,475
2015
Nordic Luna
2004
150,037
2016
Nordic Castor
2004
150,249
2016
Nordic Sirius
2000
150,183
2016
Nordic Pollux
2003
150,103
2016
Nordic Star
2016
159,000
2016
Nordic Space(1)
2017
159,000
2017
Newbuilding(1)
2018
157,000
2018(2)
Newbuilding(1)
2018
157,000
2018(2)
Newbuilding(1)
2018
157,000
2018(2)

(1) Vessel under construction per December 31, 2016.
(2) Expected delivery during the second half of 2018