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Ardmore initiates second-hand strategy

Irish Ardmore has acquired three second-hand product tankers within a short period of time, and is thus well underway with the process of switching from newbuildings to second-hand vessels that CEO Anthony Gurnee recently talked to ShippingWatch about.

Photo: Ardmore

The Irish product and chemical tanker carrier Ardmore has been out hunting again, this time investing in two second-hand product tankers, says the company in a press release. The two ships of 47,500 dwt, at a price of USD 23 million apiece, were built in Japan in 2008 and will be delivered to Ardmore in October.

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