Product tanker market ‘evolving’ after start of price cap for Russian diesel: Ardmore

Russian diesel is still in play along various trade routes despite G7 and EU price caps that started Feb. 5, executives with clean and chemical tanker owner and operator Ardmore Shipping said Feb. 14. The refined product tanker market saw a buying spree of diesel leading up to the winter, “with the situation currently evolving,” Chief Commercial Officer Gernolt Ruppelt…