New ships help Ardmore land a small profit
Product and chemical tanker carrier Ardmore finally escaped the deficit in the second quarter 2014, where new ships helped pull the carrier into the black.
BY KATRINE GRØNVALD RAUN
Ardmore was finally able to let go of the deficit in the second quarter 2014, where the product and chemical tanker carrier sneaks into the black with a net result of USD 100,000, compared to a USD 1.2 million deficit in the same period last year. The adjusted operating result (EBITDA) came to USD 5.3 million, up from USD 3 million in the second quarter 2013, according to the carrier's interim report.
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