Exhibit 99.1 EXECUTION COPY 3,500,000 Shares of Common Stock NORDIC AMERICAN TANKER SHIPPING LIMITED UNDERWRITING AGREEMENT March 2, 2005 BEAR, STEARNS & CO. INC. UBS SECURITIES LLC As Representatives of the several Underwriters named in Schedule I...Underwriting Agreement • March 4th, 2005 • Nordic American Tanker Shipping LTD • Water transportation • New York
