Company: ASC
Filing Date: 2025-03-07
Form Type: 20-F
Source: 0001558370-25-002500
Chunk: 3

Company: Ardmore Shipping Corp
Filing Date: 2025-03-07
Form: 20-F
Item: Item 3
Chunk 3
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 Maritime claimants could arrest our vessels, which would have a negative effect on our business.  

  Governments could requisition our vessels during a period of war or emergency.  

  Increased demand for and supply of vessels fitted with exhaust gas scrubbers could reduce demand for the portion of our fleet not equipped with scrubbers.  

  We may not realize the anticipated benefits of our proposed investment in scrubbers.  
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  Technological innovation could reduce our charter hire income and the value of our vessels.  

  Public health threats could have an adverse effect on our business and results of operation.  

  If labor or other interruptions are not resolved, they could have a material adverse effect on our business.  

  We will be required to make substantial capital expenditures to expand and maintain our fleet, which will depend on our ability to obtain additional financing.  

  We may be unable to take advantage of favorable opportunities in the spot market to the extent any of our vessels are employed on medium to long-term time charters.  
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  If we do not acquire suitable vessels or shipping companies or successfully integrate any acquired vessels or shipping companies, we may not be able to effectively grow.  
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  Our ability to grow may be adversely affected by our dividend policy.  
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  Delays in vessel deliveries, cancellations of vessel orders or the inability to complete vessel acquisitions could harm our results of operations.  

  Delays in the delivery of and installation of new vessel equipment could result in significant vessel down-time and adversely affect our results of operations.  

  The timing of any drydockings during peak market conditions could adversely affect the level of our profitability.  

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  If we purchase and operate second-hand vessels, we will be exposed to increased operating costs and these vessels could adversely affect our ability to obtain profitable charters.  

  An increase in operating, voyage or other expenses due to increased inflation or otherwise may decrease our earnings and cash flows.  
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  We may be unsuccessful in competing in the international tanker market.  
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