Company: ASC
Filing Date: 2025-03-07
Form Type: 20-F
Source: 0001558370-25-002500
Chunk: 49

Company: Ardmore Shipping Corp
Filing Date: 2025-03-07
Form: 20-F
Item: Item 4
Chunk 49
---
3      Feb-14      Korea        MI        Eco-design     
  Ardmore Engineer         Product/Chemical          49,420      2/3      Mar-14      Korea        MI        Eco-design     
  Ardmore Dauntless        Product/Chemical          37,764      2        Feb-15      Korea        MI        Eco-design     
  Ardmore Defender         Product/Chemical          37,791      2        Feb-15      Korea        MI        Eco-design     
  Ardmore Cherokee         Product/Chemical          25,215      2        Jan-15      Japan        MI        Eco-design     
  Ardmore Cheyenne         Product/Chemical          25,217      2        Mar-15      Japan        MI        Eco-design     
  Ardmore Chinook          Product/Chemical          25,217      2        Jul-15      Japan        MI        Eco-design     
  Ardmore Chippewa         Product/Chemical          25,217      2        Nov-15      Japan        MI        Eco-design     
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Total                    22                       973,181                                                                 

Business Strategy

Our primary objective is to solidify our position as a market leader in modern, fuel-efficient, mid-size product and chemical tankers by engaging in well-timed growth and utilizing our operational expertise and quality-focused approach to provide value-added services to our customers. Key elements of our business strategy include:

  Disciplined capital allocation and well-timed growth. We have a diligent and patient approach to capital allocation and expanding our fleet and we are selective as to the quality of vessels we ...  

  Focus on modern high-quality, mid-size product and chemical tankers. We maintain a modern fleet, with all vessels built in high-quality yards in South Korea or Japan. The average sizes of our p...  

Table of Contents

  Optimizing fuel efficiency. The shipping industry is experiencing a steady increase in fuel efficiency, and we intend to remain at the forefront of this development. Our Eco-design vessels inco...  

  Commercial independence, flexibility and customer service. Through our in-house chartering and commercial team and our ship management joint venture arrangement, we have an integrated operating...  

  Low cost structure. We have established a solid foundation for growth while cost-effectively managing our operating expenses and corporate overhead. We intend to grow our staff as needed and to