Ardmore hopes for low growth in the number of new product tankers

The upturn in other shipping segments could turn out to be a gain for the strained tanker market due to the limited capacity at shipyards, says Ardmore, while presenting a deficit for the second quarter. The Irish product tanker carrier makes predictions for the sector.
Photo: Marine Money
Photo: Marine Money

Irish product tanker carrier Ardmore exits the second quarter with a deficit of USD 7.6 million against a profit of USD 13.7 million in the same period last year.

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