Ardmore chief ‘very pleased’ with tanker market resilience despite earnings dip
Company recorded net income of $23.7m in the second quarter, compared with $28.8m in the same period last year
Chemical tankers and MR markets have fared well in the second quarter, although rates have moderated amid seasonal weakness and incremental softness in the world economy, chief executive Anthony Gurnee says. Near-term outlook for tanker markets is improving amid rising refinery margins and normalisation of European Union inventories
