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Tankers and Gas Finance Sale and Purchase

Ardmore reports strong second quarter on volatile market

Product tanker owner Ardmore reveals a strong second quarter of the year in a volatile market, posting a $13.7m net profit. It expects tanker demand to recover along with the global economy, despite a muted near-term outlook

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Ardmore recently rejected a takeover bid from Hafnia and said the benefits of consolidation in the medium-range market were being overplayed

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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