Ardmore Shipping exercises options for two tankers
The company increases its order to six 40,500 dwt Handysize vessels at Wuhu Shipyard, with deliveries starting late 2028.
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Owner and operator of product and chemical tankers
ardmoreshipping.comLast updated
In short: Ardmore reported strong 2026 financial results, expanded its tanker orderbook, and updated dividend and sustainability programs.
The company increases its order to six 40,500 dwt Handysize vessels at Wuhu Shipyard, with deliveries starting late 2028.
Net income reaches $60.5 million, with a dividend of $0.79 per share declared and four new tankers ordered for delivery starting late 2028.
The company increased its dividend payout ratio to two-thirds of adjusted earnings and sold a tanker while ordering newbuildings.
The company signed contracts for new tankers, doubles its dividend payout ratio to two-thirds of adjusted earnings starting in the first quarter of 2026, and agreed to sell an MR tanker.
HAMILTON, Bermuda, July 29, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and six...
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Ardmore delivers energy, mobility, and essential commodities, supporting global trade through the transportation of refined products, chemicals and other liquid goods. Operating as a fully...
HAMILTON, Bermuda, June 16, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced it has exercised the options for two...
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