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 July 2006

                 (Translation of registrant's name into English)

                                  Thistle House
                                4 Burnaby Street
                                 Hamilton HM 11
                    (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  as  Exhibit 1 is a copy of the  press  release  issued by
Nordic  American  Tanker  Shipping  Limited  (the  "Company")  on July 17, 2006,
announcing that it has agreed to buy its tenth ship.


Exhibit 1

Nordic American Tanker Shipping Ltd. (NAT) - (NYSE: NAT) agrees to buy its tenth

Hamilton, Bermuda, July 17, 2006

Nordic  American  Tanker  Shipping Ltd. (the "Company" or "NAT") today announced
that the Company has agreed to acquire its tenth Suezmax  vessel,  a 150,000 dwt
double-hull  tanker built in a first class Far Eastern  shipyard in 2003,  for a
purchase price of $80.9 million. The vessel is expected to be delivered from the
seller no later than November 2006.

This  acquisition  represents a milestone for the Company,  increasing its total
tonnage above 1.5 million dwt and making it one of the largest  owners of double
hull Suezmax  tonnage in the world.  The acquisition of the new vessel will make
our fleet one of the youngest  Suezmax  fleets in the  industry.  The new vessel
will be  operated in the spot market or on spot  market-related  charters,  like
eight of our current nine vessels.

Herbjorn Hansson,  the Company's Chairman and Chief Executive  Officer,  stated:
"We are  confident  that  this,  our tenth  vessel,  will be  accretive  both to
dividends  and earnings per share.  Therefore,  dividends and earnings per share
can be  expected to be higher  than had this  vessel not been  acquired.  NAT is
committed to continuing to build upon its unique and successful  operating model
in which the elements of full dividend payout and accretive  growth are central.
We may well make further acquisitions later this year."


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-hires  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

                     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:  July 17, 2006                     By:  /s/ Herbjorn Hansson
                                               Herbjorn Hansson
                                               Chairman, Chief Executive Officer
                                               and President

SK 01318 0002 686993