Three top players in product tanker get boost from ABN Amro

Hafnia Tankers, Scorpio Tankers and Ardmore Shipping, three companies in the product tanker elite, get a boost in target prices from major Dutch bank ABN Amro in an otherwise lukewarm tanker market.

Photo: Hafnia Tankers

In spite of the current lukewarm tanker market in 2016 and major uncertainty among investors and analysts in the long-term faith in the market for crude oil and oil products, Dutch bank ABN Amro upgrades its target prices for the top three carriers in product tanker: Denmark's Hafnia Tankers, US and Monaco-based Scorpio Tankers and Irish Ardmore Shipping.

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