While competitors at the end of 2019 reported recovery in the product tanker market in the fourth quarter, Anthony Gurnee, CEO of Irish Ardmore Shipping, was cautious. A real recovery for the hungry product tanker market will first emerge at the end of 2019, he said.
However, the prospects for the product tanker market are positive, he says in the wake of the release of Ardmore's fourth quarter report, which has just been published.
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