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Ardmore Shipping Sees Q4 95% Of Its Revenue Days For Its MR Tankers Employed In The Spot Market With Remaining 5% Of Revenue Days Subject To Time Charters

Author: Benzinga Newsdesk | November 06, 2024 09:06am

In the fourth quarter of 2024, the Company expects to have 95% of its revenue days for its MR tankers employed in the spot market with the remaining 5% of revenue days subject to time charters. As of November 6, 2024, the Company had fixed approximately 50% of its total spot MR revenue days for the fourth quarter of 2024 at an average spot TCE rate of approximately $23,100 per day, which includes MR Eco-Design tankers at an average of approximately $25,000 per day and MR Eco-Mod tankers at an average of approximately $11,950 per day.

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