Ardmore Shipping sees strength in chemical trades, but bringing in more vessels is a matter of fit.
The Ireland-based tanker owner said it had fixed MR tankers for $15,300 per day early in the fourth quarter and its chemical tankers for $17,400 per day, with a recent fixture hitting $20,500 per day.
On the company's third-quarter earnings call, chief executive Anthony Gurnee attributed the chemical tanker outperformance to the flagging oil market.