Ardmore replaces oldest MR with younger model

Ireland-based tanker firm Ardmore Shipping has initiated a fleet renewal with the disposal of its oldest MR, while bringing in a younger counterpart. The New York-listed player said it had agreed to offload the 2010-built 50,000 dwt Ardmore Seafarer for $27.1m. The Onomichi Dockyard-built unit was picked up for $16.7m in July 2020. Meanwhile, the …

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