Headquartered in Dorchester House, Hamilton Fiscal year ends December NYSE: ASC ardmoreshipping.com
Ardmore Shipping Corporation (NYSE: ASC) is a fully integrated shipping company providing seaborne transportation of refined petroleum products, chemicals and other liquid goods.
**Fleet**
As of September 30, 2026, Ardmore operated 24 vessels:
- 18 owned Eco-Design MR product tankers (49,400–50,200 dwt)
- Six owned Eco-Design IMO 2 product/chemical tankers (25,000–37,800 dwt)
At that date, 19 vessels were employed directly in the spot market, and four product tankers and one chemical tanker were on time charters.
**Operations**
Commercial, technical, operational and corporate functions are run within the Ardmore company structure. Technical management is handled through Anglo Ardmore Ship Management Limited, a 50%-owned joint venture.
**Fleet renewal**
The company is building six 40,500 dwt Handysize tankers at Wuhu Shipyard, with deliveries scheduled from late 2028. It also sells older tonnage, including the 2013-built Ardmore Engineer and Ardmore Endeavour in 2026.
**Capital returns**
Ardmore follows a variable dividend policy of paying two-thirds of Adjusted earnings. Updated
Q4 is already running far hotter than the quarter just reported: MR tankers are averaging spot TCE of roughly $57,600 per day, more than double the $25,358 fleet-wide rate just booked, with about 45% of revenue days fixed. Shareholders get two-thirds of adjusted earnings back, with a $0.27 dividend declared.
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Ardmore Shipping Corporation (NYSE: ASC) is a fully integrated shipping company providing seaborne transportation of refined petroleum products, chemicals and other liquid goods. **Fleet** As of September 30, 2026, Ardmore operated 24 vessels: - 18 owned Eco-Design MR product tankers (49,400–50,200 dwt) - Six owned…
The Wall Street consensus 12-month price target for ASC is $24.00.
