Ardmore Shipping Exercises Newbuilding Options
Ardmore Shipping announced it has exercised options for two additional 40,500 dwt Handysize product/chemical tankers to be built at Wuhu Shipyard, expanding its order to six vessels total on similar terms, with no further options outstanding.
Why it matters — ASC watchers would care because this expands and finalizes the company's newbuilding order book with two additional tankers on similar terms to its existing orders.