Washington, D. C. 20549

                        Report of Foreign Private Issuer
                      Pursuant to Rule 13a-16 or 15d-16 of
                       the Securities Exchange Act of 1934

                           For the month of March 2006

                 (Translation of registrant's name into English)

                                   Reid House
                                31 Church Street
                                 Hamilton HM FX
                    (Address of principal executive offices)

         Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.

                           Form 20-F [X]  Form 40-F [ ]

     Indicate by check mark whether the registrant by furnishing the information
contained  in this  Form is  also  thereby  furnishing  the  information  to the
commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

                                 Yes [_] No [X]


     Attached  hereto is a copy of the press release  issued by Nordic  American
Tanker  Shipping  Limited on February 27, 2006,  announcing the expansion of its
fleet and the public offering of its common shares.


 Nordic American Tanker Shipping Ltd. (NAT) - (NYSE: NAT) Announces Expansion of
                 the Fleet and Public Offering of Common Shares

Hamilton, Bermuda, February 27, 2006

Nordic American  Tanker  Shipping Ltd. (the "Company")  today announced that the
Company has agreed to acquire a double hull Suezmax  vessel of 157,332 dwt built
in Korea in 1998,  for a price of $69  million.  The  vessel is  expected  to be
delivered from the seller to the Company in early April 2006.  This  acquisition
will increase the NAT fleet to 9 vessels with an aggregate capacity of 1,383,491

The vessel is expected to be employed in the spot market,  thus  increasing  the
number of the  Company's  ships in the spot market  from seven to eight  Suezmax
tankers. The Company's remaining Suezmax is employed on a long term contract.

In conjunction with this  acquisition,  the Company also announced today that it
is  commencing a public  offering of  3,750,000  common  shares  pursuant to the
Company's effective shelf registration  statement.  Bear, Stearns & Co. Inc. and
UBS Investment Bank will act as joint bookrunning  managers and DnB NOR Markets,
Inc. will act as a co-manager. The Company will grant the underwriters an option
to purchase an additional  562,500  common shares to cover any  over-allotments,
exercisable within 30 days.

The net  proceeds  of this  offering  are  expected  to be used to  finance  the
acquisition of the Company's ninth Suezmax tanker and an additional  tanker that
the Company is  presently  planning to acquire  later this year in line with the
Company's  policy of accretive  growth and of  maintaining  indebtedness  in the
region of $15 million per vessel in the current market conditions.

The offering will be made only by means of a prospectus  and related  prospectus
supplement.  A prospectus supplement related to the offering has been filed with
the Securities and Exchange Commission. When available, copies of the prospectus
and  prospectus  supplement  relating to the offering  may be obtained  from the
offices of Bear,  Stearns & Co. Inc. at 383 Madison  Avenue,  New York, New York
10179,  Attention:  Prospectus  Department and UBS  Investment  Bank at 299 Park
Avenue, New York, New York 10171, Attention: Syndicate Desk.

The  Company is an  international  tanker  company  that owns eight  double-hull
Suezmax tankers.  The Company expects to take delivery of the additional Suezmax
tanker it has agreed to purchase in early April 2006.


Matters   discussed  in  this  press  release  may  constitute   forward-looking
statements.  The Private Securities  Litigation Reform Act of 1995 provides safe
harbor  protections  for  forward-looking   statements  in  order  to  encourage
companies   to   provide   prospective   information   about   their   business.
Forward-looking  statements  include  statements  concerning plans,  objectives,
goals, strategies,  future events or performance, and underlying assumptions and
other statements, which are other than statements of historical facts.

The  Company  desires to take  advantage  of the safe harbor  provisions  of the
Private  Securities  Litigation  Reform  Act  of  1995  and  is  including  this
cautionary statement in connection with this safe harbor legislation.  The words
"believe,"  "anticipate,"  "intend," "estimate,"  "forecast," "project," "plan,"
"potential,"   "will,"  "may,"   "should,"   "expect,"   "pending"  and  similar
expressions identify forward-looking statements.

The  forward-looking  statements  in this press  release are based upon  various
assumptions,  many of which  are  based,  in  turn,  upon  further  assumptions,
including  without  limitation,   our  management's  examination  of  historical
operating  trends,  data  contained in our records and other data available from
third parties.  Although we believe that these  assumptions were reasonable when
made,   because  these   assumptions  are  inherently   subject  to  significant
uncertainties and contingencies which are difficult or impossible to predict and
are beyond our control,  we cannot assure you that we will achieve or accomplish
these expectations, beliefs or projections. We undertake no obligation to update
any forward-looking  statement,  whether as a result of new information,  future
events or otherwise.

Important  factors  that,  in our view,  could  cause  actual  results to differ
materially from those discussed in the  forward-looking  statements  include the
strength of world economies and currencies, general market conditions, including
fluctuations in charter rates and vessel values, changes in demand in the tanker
market,  as a result of changes in OPEC's petroleum  production levels and world
wide oil consumption and storage,  changes in our operating expenses,  including
bunker  prices,  drydocking  and  insurance  costs,  the market for our vessels,
availability of financing and  refinancing,  changes in  governmental  rules and
regulations or actions taken by regulatory authorities, potential liability from
pending or future  litigation,  general  domestic  and  international  political
conditions,  potential  disruption  of  shipping  routes  due  to  accidents  or
political events,  vessels breakdowns and instances of off-hire,  failure on the
part of a seller to complete a sale to us and other important  factors described
from time to time in the reports  filed by the Company with the  Securities  and
Exchange Commission, including the prospectus and related prospectus supplement,
our Annual Report on Form 20-F, and our reports on Form 6-K.

Scandic American Shipping Ltd
Manager for:
Nordic American Tanker Shipping Ltd.
P.O Box 56, 3201 Sandefjord, Norway
Tel: + 47 33 42 73 00 E-mail:


Rolf Amundsen, Investor Relations
Nordic American Tanker Shipping Ltd.
Tel: +1 800 601 9079 or + 47 908 26 906

Gary Wolfe
Seward & Kissel LLP, New York, USA
Tel: +1 212  574 1223

Herbjorn Hansson, Chairman & CEO
Nordic American Tanker Shipping Ltd.
Tel:  +1 866 805 9504 or + 47 901 46 291


     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.


Dated:  March 2, 2006                             By:  /s/ Herbjorn Hansson
                                                       Herbjorn Hansson
                                                       Chairman, Chief Executive
                                                       Officer and President

SK 01318 0002 647609