Shipbuilding

Ardmore Shipping Exercises Newbuilding Options for Two Additional Tankers

Ardmore Shipping Corporation exercised options for two additional 40,500 dwt Handysize product/chemical tankers at Wuhu Shipyard, expanding its original order to four vessels total. Deliveries are scheduled from late 2028 onwards. The company also secured two additional options at similar terms. CEO Gernot Ruppelt stated the orders represent compelling value and provide discretionary flexibility.