Company: ASC
Filing Date: 2025-03-07
Form Type: 20-F
Source: 0001558370-25-002500
Chunk: 99

Company: Ardmore Shipping Corp
Filing Date: 2025-03-07
Form: 20-F
Item: Item 4
Chunk 99
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 The lease commenced in March 2016 and is for a period of 15 years, with an option to terminate the lease after ten years. We have entered into leases with third parties for our offices in Singapore and Houston, Texas. Average aggregate payments under these three leases are approximately $0.7 million per annum.

As of March 7, 2025, 19 of our 22 owned vessels are subject to mortgages relating to our credit facilities.

Item 4. A. Unresolved Staff Comments

None.