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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 144
NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES
ACT OF 1933
ATTENTION: Transmit for filing 3 copies of this form concurrently with
either placing an order with a broker to execute sale or
executing a sale directly with a market maker.
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1. (a) NAME OF ISSUER (Please type or print)
Nordic American Tanker Shipping Limited
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(b) IRS IDENT. NO.
N/A
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(c) S.E.C. FILE NO.
033-96268
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(d) ADDRESS OF ISSUER
Cedar House, 41 Cedar Ave., P.O. Box HM1179, Hamilton HM EX, Bermuda
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(STREET) (CITY) (STATE) (ZIP CODE)
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(e) TELEPHONE NO.
(809) 295-2244
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(AREA CODE) (NUMBER)
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2. (a) NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD
Herbjorn Hansson
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(b) SOCIAL SECURITY NO. OR I.R.S. IDENT. NO.
N/A
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(c) RELATIONSHIP TO ISSUER
chief executive officer
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(d) ADDRESS
P.O. Box 54, 3201 Sandefjord, Norway
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(STREET) (CITY) (STATE) (ZIP CODE)
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INSTRUCTION: The person filing this notice should contact the issuer to
obtain the I.R.S. Identification Number and the S.E.C. File
Number.
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3(a) (b) (c) (d)
Title of Name and Address S.E.C. USE ONLY Number of Aggregate
the Class of of Each Broker --------------- Shares or Market
Securities Through Whom Broker-Dealer Other Units Value
To Be Sold the Securities File Number To Be Sold (See
are to be Offered (See instr. instr.
or Each Market 3(c)) 3(d))
Maker who is
Acquiring the
Securities
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Lazard Freres & Co. LLC 10,050 $214,818.75
common 30 Rockefeller Center as of
10/27/00
New York, NY 10020
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(e) (f) (g)
Number of Shares Approximate Date Name of Each
or Other Units of Sale (See Securities
Outstanding instr. 3(f)) Exchange
(See instr. 3(e)) (MO., DAY, YR.) (See instr. 3(g))
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9,706,606 11/15/00 AMEX
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INSTRUCTIONS:
1. (a) Name of issuer
(b) Issuer's I.R.S. Identification Number
(c) Issuer's S.E.C. file number, if any
(d) Issuer's address, including zip code
(e) Issuer's telephone number, including area code
2. (a) Name of person for whose account the securities are
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to be sold
(b) Such person's Social Security or I.R.S.
identification number
(c) Such person's relationship to the issuer (e.g.,
officer, director, 10% stockholder, or member
of immediate family of any of the foregoing)
(d) Such person's address, including zip code
3. (a) Title of the class of securities to be sold
(b) Name and address of each broker through whom the
securities are intended to be sold
(c) Number of shares or other units to be sold (if debt
securities, give the aggregate face amount)
(d) Aggregate market value of the securities to be sold
as of a specified date within 10 days prior to the
filing of this notice
(e) Number of shares or other units of the class
outstanding, or if debt securities the face amount
thereof outstanding, as shown by the most recent
report or statement published by the issuer
(f) Approximate date on which the securities are to be
sold
(g) Name of each securities exchange, if any, on which
the securities are intended to be sold
(8/96)
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TABLE I--SECURITIES TO BE SOLD
Furnish the following information with respect to the acquisition of the
securities to be sold and with respect to the payment of all or any part of
the purchase price or other consideration therefor:
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Title of Date You Nature of Name of Person Amount of Date of Nature
the Class Acquired Acquisition From Whom Securities Payment of
Acquired (If Acquired Payment
gift, also
give date
donor acquired)
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common 10/1/97 purchase issuer 10,050 10/1/97 cash
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INSTRUCTIONS:
1. If the securities were purchased and full payment therefor was not made
in cash at the time of purchase, explain in the table or in a note
thereto the nature of the consideration given. If the consideration
consisted of any note or other obligation, or if payment was made in
installments describe the arrangement and state when the note or other
obligation was discharged in full or the last installment paid.
2. If within two years after the acquisition of the securities the person
for whose account they are to be sold had any short positions, put or
other option to dispose of securities referred to in paragraph (d)(3) of
Rule 144, furnish full information with respect thereto.
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TABLE II--SECURITIES SOLD DURING THE PAST 3 MONTHS
Furnish the following information as to all securities of the issuer
sold during the past 3
months by the person for whose account the securities are to be sold.
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Name and Address Title of Securities Sold Date of Sale Amount of Gross
Securities Proceeds
Sold
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Herbjorn Hansson Common 8/16/00 5,000 $91,875
PO Box 54 8/25/00 3,000 $56,310
3201 Sandefjord 8/29/00 5,000 $94,060
Norway 9/19/00 1,650 $37,405
10/13/00 2,600 $59,956
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REMARKS:
INSTRUCTIONS:
See the definition of "person" in paragraph (a) of Rule 144. Information is to
be given not only as to the person for whose account the securities are to be
sold but also as to all other persons included in that definition. In
addition, information shall be given as to sales by all persons whose sales
are required by paragraph (e) of Rule 144 to be aggregated with sales for the
account of the person filing this notice.
10/29/00
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DATE OF NOTICE
ATTENTION:
The person for whose account the securities to which this notice relates are
to be sold hereby represents by signing this notice that he does not know any
material adverse information in regard to the current and prospective
operations of the Issuer of the securities to be sold which has not been
publicly disclosed.
BY: /s/ Herbjorn Hansson
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(SIGNATURE)
The notice shall be signed by the person for whose account the securities are
to be sold. At least one copy of the notice shall be manually signed. Any
copies not manually signed shall bear typed or printed signatures.
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSION OF FACTS CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
(8/96)
5
01318002.AY3
