Anthony Gurnee has added his voice to the chorus of tanker executives anticipating an upturn in the market following a seasonally weak summer period.

Gurnee, chief executive of Ardmore Shipping, explained winter would bring a warmer market and was positive for next year as the company reported its second quarter accounts today.

New York-listed Ardmore logged a profit of $5.5m in the three months to the end of June, down from $7.9m