Ardmore Shipping has exercised options for two additional 40,500 dwt Handysize product/chemical tankers at Wuhu Shipyard, expanding the original order to four vessels on identical terms. Deliveries are scheduled from late 2028 onward, and the company secured two further options under similar conditions.
Ardmore Shipping has exercised options for two additional 40,500 dwt Handysize product/chemical tankers at Wuhu Shipyard, bringing the total order to four vessels under the original contract terms.
The four newbuilds are scheduled for delivery from late 2028 onwards, and the company has secured two further options at similar terms, providing strategic flexibility for fleet expansion in the second half of the year.
Management views the Handysize tankers as highly versatile, modern assets aligned with Ardmore’s integrated model and long-term growth strategy, citing compelling value from the shipyard relationship and the optionality benefits for future capacity planning.
These exercises reinforce Ardmore’s commitment to maintaining a modern, high-quality fleet of product and chemical tankers while optimizing cost, safety, and performance across its global operations.
