Torm and Ardmore: Oil peak will arrive late

The demand for oil will undoubtedly peak. The question is when and who will feel it first. ShippingWatch has interviewed the CEOs of Torm and Ardmore about the situation for product tanker carriers.

BY KATRINE GRØNVALD RAUN & SØREN PICO, SHIPPINGWATCH

When Anthony Gurnee was ten years old, a gallon of gasoline cost 25 cents in the US.

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Ardmore hit with deficit on high inventory levels
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Torm files for listing on Nasdaq in New York
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Rising operating costs landed Ardmore in the red
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