ShippingWatch

Ardmore

Read all the latest news about Ardmore. ShippingWatch gives you independent, credible, critical and fair news.

Ardmore appoints new chairman

The tanker carrier's current chairman will step down from his position at the turn of the year. His replacement has been found within the board.

Ardmore's CEO expects real recovery late next year

The Irish tanker carrier points to increasing MR rates in the fourth quarter, but a real recovery is not expected until late next year, says CEO Anthony Gurnee to ShippingWatch, contradicting announcements from Torm and Concordia Maritime.

Ardmore's deficit grew in tanker downturn

Just as its competitors, Ardmore is challenged by the weakened product tanker market, where rates bottomed out in the third quarter. CEO Anthony Gurnee remains optimistic.

Analyst casts doubts on product carriers' 2020 hopes

Shipowners and analysts project solid demand growth for product tanker ahead of the new global sulfur regulations in 2020. But many elements remain uncertain, and there is a lack of concrete data, renowned analyst tells ShippingWatch.

Ardmore expects 2020 gains of up to five percent

Anthony Gurnee, CEO of Irish firm Ardmore, expects that the upcoming sulfur regulations of 2020 will mark a positive turning point for product tanker carriers. Demand could rise by up to five percent, he tells ShippingWatch.

Ardmore reports slow start to 2018

Product tanker carrier Ardmore saw its deficit grow in the first quarter 2018. Despite this fact, CEO Anthony Gurnee still eyes potential for market improvement picking up speed during the year. New sulfur regulations could "boost" demand, projects JP Morgan.

Product tanker in intense consolidation race

The meetings to discuss product tanker mergers are intensifying, and many signs indicate that there will be fewer independent carriers in the segment by 2019. "Something will happen in 2018," stakeholders tell ShippingWatch.

Torm and Ardmore: Oil peak will arrive late

The demand for oil will undoubtedly peak. The question is when and who will feel it first. ShippingWatch has interviewed the CEOs of Torm and Ardmore about the situation for product tanker carriers.

Torm and Ardmore: Oil peak will arrive late

The demand for oil will undoubtedly peak. The question is when and who will feel it first. ShippingWatch has interviewed the CEOs of Torm and Ardmore about the situation for product tanker carriers.

Maersk Tankers far behind competitors

One of the next companies to be spun off from Maersk Group, Maersk Tankers, made a tactical error in the latest quarter, acknowledges CEO Christian Ingerslev to ShippingWatch. This led to a significantly bad result.

Ardmore Shipping in Q1 deficit

The tanker carrier suffered a deficit in the first quarter 2017, but points to very positive developments in the market for medium range tankers, notes CEO Anthony Gurnee.

Ardmore Shipping takes big hit in 2016

Ardmore Shipping saw its full-year result plunge, and the product tanker carrier suffered a deficit in the final quarter of 2016. The carrier's CEO attributes the decline to high inventory levels and a large influx of vessels, though he is optimistic about developments going forward.

Tanker carriers have burned through millions this year

Tanker carriers have spent millions of dollars in the first nine months of 2016. Especially Scorpio Tankers drags down the average, according to a review by ShippingWatch. A healthy cash flow is crucial during hard times for product tankers, notes one analyst.

Tankrederierne har brændt millioner af

Tankrederierne har brugt millioner af dollars i de første ni måneder af 2016. Særligt Scorpio Tankers trækker ned, viser en opgørelse foretaget af ShippingWatch. Et sundt cash flow er afgørende i en svær tid for produkttank, vurderer analytiker.

1 - 25 af 34 Next page

Latest news

Jobs

See all

See all