Irish product tanker carrier Ardmore Shipping made a profit in three of four quarters in 2014. The carrier is confident that 2015 will bring a recovery for the product tanker market, and thus for Ardmore as well. Analysts are also optimistic.
BY LOUISE VOGDRUP-SCHMIDT
Product tanker carrier Ardmore, based in Ireland and listed in Bermuda, published an annual report for 2014 on Tuesday that shows growth for the carrier almost throughout the whole year.
CII: IMO’s new climate regulation, CII, is liable to undermine its own intentions, German carrier Oldendorff warns. CII fails to view situation in its entirety, which may lead to an increase in emissions.
CII: Although a new legal clause places the responsibility and bills for poor climate ratings with operators and carriers, this has not altered Seaspan’s negotiations with customers, the major shipowner tells ShippingWatch.