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Recent Updates — ASC

July 29, 2026View Source ↗

Ardmore Shipping Corporation reported net income attributable to common stockholders of $60.5 million ($1.48 per diluted share) for the three months ended June 30, 2026, compared to $9.0 million in the prior year period. For the six-month period, net income was $84.1 million ($2.05 per diluted share), up from $14.6 million. The company declared a quarterly cash dividend of $0.79 per common share, payable on September 15, 2026, to shareholders of record on August 28, 2026. Ardmore also completed the sale of the vessel Ardmore Engineer for $35.5 million and exercised options for two additional Handysize tankers, expanding its newbuilding order to four vessels with deliveries scheduled from late 2028.

July 29, 2026View Source ↗

Ardmore Shipping Corporation reported net income attributable to common stockholders of $84.1 million for the six months ended June 30, 2026, a significant increase from $14.6 million in the prior year period. The company declared a quarterly cash dividend of $0.79 per share, payable on September 15, 2026, to shareholders of record as of August 28, 2026. Ardmore completed the sale of the vessel Ardmore Engineer for $35.5 million in June 2026 and exercised options for two additional newbuildings, bringing its total order at Wuhu Shipyard to four vessels with deliveries scheduled from late 2028. The firm operates a fleet of medium-range product and chemical tankers providing seaborne transportation services globally.