US-listed product tanker owners were taking on more losses in early trading on Friday after a bloody Thursday on which two top names reported earnings.
The biggest loser on Thursday was Cork-based Ardmore Shipping, which failed to have the luck of the Irish in choosing the timing of its annual investor day in New York.
Even as the management team made a luncheon presentation to investors and equity analysts, the stock was on the slide, plunging more than 7% to $10.72
