Recent Updates — ASC
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.
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.