Ardmore Shipping
Open
$17.77
Prev. Close
$17.75
High
$17.77
Low
$17.72
Market Snapshot
$725.99M
20.1
3.08
$405.78M
57
Ardmore Shipping Corp. provides seaborne transportation of petroleum products and chemicals. The company operates through a single segment, which is transportation of refined petroleum products and chemicals. The company provides seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its fleet of mid-size product and chemical tankers. The company provides shipping services to customers through voyage charters, time charters, and commercial pools. The company has approximately 26 vessels in operation. Its vessels include Ardmore Exporter, Ardmore Explorer, Ardmore Enterprise, Ardmore Engineer, Ardmore Endurance, Ardmore Endeavour, Ardmore Encounter, Ardmore Seahawk, Ardmore Seavanguard, Ardmore Seavantage, Ardmore Seaventure, Ardmore Gibraltar, Ardmore Seafox, and Ardmore Seavaliant, among others. The company charters its vessels through a combination of spot and time-charter arrangements.
Ardmore Shipping signed contracts for two $44.9 million tankers, doubled its dividend payout ratio, and sold a tanker, boosting its strategic growth and returns.
Ardmore Shipping Corp. provides seaborne transportation of petroleum products and chemicals. The company operates through a single segment, which is transportation of refined petroleum products and chemicals. The company provides seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its fleet of mid-size product and chemical tankers. The company provides shipping services to customers through voyage charters, time charters, and commercial pools. The company has approximately 26 vessels in operation. Its vessels include Ardmore Exporter, Ardmore Explorer, Ardmore Enterprise, Ardmore Engineer, Ardmore Endurance, Ardmore Endeavour, Ardmore Encounter, Ardmore Seahawk, Ardmore Seavanguard, Ardmore Seavantage, Ardmore Seaventure, Ardmore Gibraltar, Ardmore Seafox, and Ardmore Seavaliant, among others. The company charters its vessels through a combination of spot and time-charter arrangements.
Recently from Cashu
Custom Surgical Partners and Ambulatory Strategies Form Alliance to Transform ASC Consulting Services
Strategic Alliance Redefines Ambulatory Surgery Consulting Landscape Custom Surgical Partners, Inc. and Ambulatory Strategies, Inc. have forged a strategic alliance with the goal of enhancing healthca…
Custom Surgical Partners and Ambulatory Strategies Form Strategic Partnership to Enhance ASC Consulting Services
Strategic Partnership Revolutionizes Ambulatory Surgery Consulting Custom Surgical Partners, Inc. and Ambulatory Strategies, Inc. announce a significant strategic partnership aimed at enhancing consul…
Ardmore Shipping leans into fixed-rate cover to steady tanker earnings
Ardmore leans into fixed-rate cover to steady tanker earnings Securing revenue through increased charter cover Ardmore Shipping is pressing ahead with a strategy to increase fixed-rate coverage across…
Ardmore Shipping Increases Fixed-Rate MR/Chemical Coverage, Tightening Revenue Visibility
Tanker chartering strategy tightens revenue visibility Ardmore Shipping reports it is increasing fixed-rate coverage across its medium-range (MR) and chemical tanker fleet to shore up revenue visibili…