The product tanker market fell into low earnings at the start of the third quarter, following typical seasonality, but forecasts of rebounding oil demand by the end of 2021 and longer-term tanker supply dynamics have given clean tanker owners a bullish outlook, Ardmore Shipping CFO Paul Tivnan, said July 27 in the company’s Q2 earnings …
The post Oil demand recovery, supply outlook favorable for clean tankers: Ardmore first appeared on Hellenic Shipping News Worldwide.