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Refinery dislocation to drive product tanker demand growth, says Ardmore

Tanker shipowner reports second-quarter $8.3m net loss but forecasts tonne-mile demand to rise by 2% to 3% each year until 2030

Every 100,000 bpd refinery shift equates to demand for an additional 10 medium range tankers and 0.5% growth in tonne-mile demand, Ardmore says

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