"Tanker market is soaring when virtually every other industry is suffering"

Ardmore CEO Anthony Gurnee is riding the wave of the tanker market upswing, which he says does not provide much joy. Even though he has just signed a contract for 55 days at USD 72,000 per day.

by TOMAS KRISTIANSEN

Ardmore is no exception to the wave of product tanker carriers reaping colossal gains from the very low oil prices, which are making traders demand oil and oil transport like never before.

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Jan Rindbo says rates above 100,000 are unsustainable: Some customers withdraw
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Kim Ullman calls for moderation in tanker upturn
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