Ardmore Shipping Company sold two vessels and cut sale and leaseback deals for seven others in a fourth quarter that saw it just miss analyst expectations.
The Irish tanker owner said in its earnings release Wednesday that it had sold the 47,100-dwt Ardmore Seatrader (built 2002) and 45,840-dwt Ardmore Seamaster (built 2004) for $8.3m and $9.7m, respectively.
