content: <PAGE>
  
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549
                                ----------------
                                    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.
  
  ==============================================================================
  1. (a) NAME OF ISSUER (Please type or print)
  
      Nordic American Tanker Shipping Ltd.
  ------------------------------------------------------------------------------
  
     (b) IRS IDENT. NO.
  
      N/A
  ------------------------------------------------------------------------------
     (c) S.E.C. FILE NO.
  
      033-96268033-96268
  ------------------------------------------------------------------------------
     (d) ADDRESS OF ISSUER
  
      Cedar House, 41 Cedar Ave., P.O. Box HM1179, Hamilton HM EX, BermudaCedar
  House, 41 Cedar Ave., P.O. Box HM1179, Hamilton HM EX, Bermuda
  ------------------------------------------------------------------------------
              (STREET)                  (CITY)           (STATE)     (ZIP CODE)
  ------------------------------------------------------------------------------
     (e) TELEPHONE NO.
  
      (809) 295-2244(809) 295-2244
  ------------------------------------------------------------------------------
      (AREA CODE) (NUMBER)
  ==============================================================================
  2. (a) NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD
  
      Ugland Nordic Shipping ASAUgland Nordic Shipping ASA
  ------------------------------------------------------------------------------
     (b) SOCIAL SECURITY NO. OR I.R.S. IDENT. NO.
  
      N/A
  ------------------------------------------------------------------------------
     (c) RELATIONSHIP TO ISSUER
  
      Manager
  ------------------------------------------------------------------------------
  
  
  
  <PAGE>
  
     (d) ADDRESS
  
      P.O. Box 54, 3201 Sandefjord, Norway
  ------------------------------------------------------------------------------
            (STREET)                 (CITY)             (STATE)     (ZIP CODE)
  ==============================================================================
  
  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.
  ------------------------------------------------------------------------------
  
  3(a)                  (b)                                 (c)         (d)
  Title of the  Name and Address of    S.E.C. USE ONLY  Number of    Aggregate
  Class of      Each Broker Through    -----            Shares or    Market
  Securities    Whom the Securities    Broker-Dealer    Other Units  Value
  To Be Sold    are to be Offered or   File Number      To Be Sold   (See
                Each Market Maker      (See instr.      instr.
                who is Acquiring       3(c))            3(d))
                the Securities
  ------------------------------------------------------------------------------
                Hibernia Southcoast Capital             366,225
  common        701 Brazos, Suite 500
                Austin, TX 78701
  
  ------------------------------------------------------------------------------
  
                   (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))
  ------------------------------------------------------------------------------
  
                9,706,606              11/1/00          AMEX
  ------------------------------------------------------------------------------
  
  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
             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
  
  
                                        2
  
  
  
  <PAGE>
  
         (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)
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
                                        3
  
  
  
  <PAGE>
  
                           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:
  
  ------------------------------------------------------------------------------
  Title     Date You  Nature of    Name of      Amount of   Date of   Nature
  of the    Acquired  Acquisition  Person       Securities  Payment   of Payment
  Class                            From Whom    Acquired
                                   Acquiried
                                   (If gift,
                                   also give
                                   date donor
                                   acquired)
  -----------------------------------------------------------------------------
  common    10/1/97   purchase     issuer       381,925     10/1/97   cash
  
  -----------------------------------------------------------------------------
  
  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.
  
  ----------------------------------------------------------------------------
                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.
  
  ----------------------------------------------------------------------------
  Name and Address    Title of      Date of Sale    Amount of      Gross
                      Securities                    Securities     Proceeds
                      Sold                          Sold
  ----------------------------------------------------------------------------
  
  
  
  
  
  
  
  
  
  
                                        4
  
  
  
  <PAGE>
  
  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.
  
                                    6/20/2000
                          ----------------------------
                                 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/ Ugland Nordic Shipping ASA
                       ----------------------------------
                                    (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.AY4
metadata_documents: [{"type": "144", "sequence": "1", "filename": "0001.txt", "secsgml_size_bytes": 9744}]
text: UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549
                                ----------------
                                    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.
  
  ==============================================================================
  1. (a) NAME OF ISSUER (Please type or print)
  
      Nordic American Tanker Shipping Ltd.
  ------------------------------------------------------------------------------
  
     (b) IRS IDENT. NO.
  
      N/A
  ------------------------------------------------------------------------------
     (c) S.E.C. FILE NO.
  
      033-96268033-96268
  ------------------------------------------------------------------------------
     (d) ADDRESS OF ISSUER
  
      Cedar House, 41 Cedar Ave., P.O. Box HM1179, Hamilton HM EX, BermudaCedar
  House, 41 Cedar Ave., P.O. Box HM1179, Hamilton HM EX, Bermuda
  ------------------------------------------------------------------------------
              (STREET)                  (CITY)           (STATE)     (ZIP CODE)
  ------------------------------------------------------------------------------
     (e) TELEPHONE NO.
  
      (809) 295-2244(809) 295-2244
  ------------------------------------------------------------------------------
      (AREA CODE) (NUMBER)
  ==============================================================================
  2. (a) NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD
  
      Ugland Nordic Shipping ASAUgland Nordic Shipping ASA
  ------------------------------------------------------------------------------
     (b) SOCIAL SECURITY NO. OR I.R.S. IDENT. NO.
  
      N/A
  ------------------------------------------------------------------------------
     (c) RELATIONSHIP TO ISSUER
  
      Manager
  ------------------------------------------------------------------------------
  (d) ADDRESS
  
      P.O. Box 54, 3201 Sandefjord, Norway
  ------------------------------------------------------------------------------
            (STREET)                 (CITY)             (STATE)     (ZIP CODE)
  ==============================================================================
  
  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.
  ------------------------------------------------------------------------------
  
  3(a)                  (b)                                 (c)         (d)
  Title of the  Name and Address of    S.E.C. USE ONLY  Number of    Aggregate
  Class of      Each Broker Through    -----            Shares or    Market
  Securities    Whom the Securities    Broker-Dealer    Other Units  Value
  To Be Sold    are to be Offered or   File Number      To Be Sold   (See
                Each Market Maker      (See instr.      instr.
                who is Acquiring       3(c))            3(d))
                the Securities
  ------------------------------------------------------------------------------
                Hibernia Southcoast Capital             366,225
  common        701 Brazos, Suite 500
                Austin, TX 78701
  
  ------------------------------------------------------------------------------
  
                   (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))
  ------------------------------------------------------------------------------
  
                9,706,606              11/1/00          AMEX
  ------------------------------------------------------------------------------
  
  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
             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
  
                                        2
  (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)
  
                                        3
  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:
  
  ------------------------------------------------------------------------------
  Title     Date You  Nature of    Name of      Amount of   Date of   Nature
  of the    Acquired  Acquisition  Person       Securities  Payment   of Payment
  Class                            From Whom    Acquired
                                   Acquiried
                                   (If gift,
                                   also give
                                   date donor
                                   acquired)
  -----------------------------------------------------------------------------
  common    10/1/97   purchase     issuer       381,925     10/1/97   cash
  
  -----------------------------------------------------------------------------
  
  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.
  
  ----------------------------------------------------------------------------
                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.
  
  ----------------------------------------------------------------------------
  Name and Address    Title of      Date of Sale    Amount of      Gross
                      Securities                    Securities     Proceeds
                      Sold                          Sold
  ----------------------------------------------------------------------------
  
                                        4
  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.
  
                                    6/20/2000
                          ----------------------------
                                 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/ Ugland Nordic Shipping ASA
                       ----------------------------------
                                    (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.AY4