Ardmore: Order boom in MR product tankers is over
No more overwhelming orders for MR ships, says Anthony Gurnee, CEO of Ardmore, in an interview with ShippingWatch, while he also downplays the concern that equity funds are set to destroy the otherwise harmonious market conditions.
BY KATRINE GRØNVALD RAUN
It has become far too expensive to place orders for MR ships, says Anthony Gurnee, CEO of Irish product and chemical tanker carrier Ardmore, which has in the last five years been highly active at shipyards in Korea and Japan, and the carrier still has ten newbuildings set for delivery during 2014 and 2015.
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