Ardmore Shipping orders two tankers, doubles dividend payout ratio
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Ardmore Shipping Provides Update on Fleet Investment, Dividend Policy, and Vessel Sale
April 29, 2026 8:23 AM EDTSigned contracts for the construction of two option two 40,500 dwt IMO2 product/chemical tankersDoubling dividend payout ratio to two-thirds of adjusted earnings, effective 1Q 2026 Agreed sale of one 2014-built MR tanker for $35.5 million with June deliveryMR Spot TCEs of $33,700 per day for 1Q 2026 and fixed $50,000 per day in 2Q 2026 to-date
HAMILTON, Bermuda, April 29, 2026 /PRNewswire/ --Â Ardmore Shipping Corporation... More
