ASC News 12.63 Ardmore Shipping Corp (ASC)

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Ardmore Shipping Corp (ASC) 12.63 $ASC

Ardmore Shipping Announces Declaration of Dividend
Business Wire - Tue Apr 15, 7:31AM CDT
Ardmore Shipping Corporation (NYSE:ASC) today announced that its Board of Directors has declared a cash dividend of $0.10 per share for the quarter ended March 31, 2014. The cash dividend is payable on May 15, 2014 to all shareholders of record on April 30, 2014.

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Ardmore Shipping Corporation Announces Closing of Over-Allotment Option
Business Wire - Mon Mar 17, 3:15PM CDT
Ardmore Shipping Corporation (the "Company" announced today that it has closed the sale of 1,050,000 of its common shares pursuant to an over-allotment option granted to the underwriters in connection with the Company's previously announced follow-on offering. The Company previously closed the sale of its public offering of 7,000,000 shares of common stock on March 11, 2014, at a public offering price of $13.50. The proceeds of the offering are expected to be used to acquire additional vessels in line with the Company's strategy and to provide cash for general corporate purposes.

Ardmore Shipping Corporation Successfully Prices Upsized Public Offering of its Common Stock
Business Wire - Thu Mar 06, 7:02AM CST
Ardmore Shipping Corporation (the "Company" announced the pricing of its upsized public offering of 7,000,000 shares of its common stock, par value $0.01 per share, at $13.50 per share, from the previously announced 6,000,000 shares. The underwriters have a 30-day option to purchase up to an additional 1,050,000 common shares to cover over-allotments, if any. The proceeds of the offering are expected to be used to acquire additional vessels in line with the Company's strategy and to provide cash for general corporate purposes.

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Ardmore Shipping Corporation Launches Public Offering of its Common Stock
Business Wire - Mon Mar 03, 3:05PM CST
Ardmore Shipping Corporation (the "Company" announced today the commencement of an underwritten offering of 6,000,000 shares of its common stock. The proceeds of the offering are expected to be used to acquire additional vessels in line with the Company's strategy and to provide cash for general corporate purposes.

Ardmore Shipping Corporation Announces Financial Results for Year and Fourth Quarter 2013
Business Wire - Thu Feb 13, 6:30AM CST
Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company" today announced results for the twelve and three months ended December 31, 2013.

Ardmore Shipping Announces Fourth Quarter and Full Year 2013 Conference Call and Webcast
Business Wire - Mon Feb 10, 7:30AM CST
Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company" today announced that the Company plans to announce its fourth quarter and full year 2013 earnings before the market opens on Thursday, February 13, 2014 and will host a conference call later in the day at 10:00 a.m. Eastern Time. The conference call and slide presentation will also be broadcast live over the Internet.

Ardmore Shipping Provides Update on Bank Financing
Business Wire - Tue Feb 04, 7:30AM CST
Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company" today announced that it has signed a commitment letter for a new $172 million credit facility with ABN AMRO Bank N.V., Nordea Bank Finland Plc, and Skandinaviska Enskilda Banken AB ("SEB".

Ardmore Shipping Announces Expansion of Operating Fleet
Business Wire - Tue Jan 21, 7:30AM CST
Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company" today announced that, on January 17, 2014, it took delivery of the newbuilding Ardmore Seavantage, a 49,999 Dwt IMO 3 Eco-design MR product and chemical tanker built at SPP Shipbuilding Co., Ltd. in South Korea. Following delivery, the Ardmore Seavantage commenced operating under an existing charter arrangement with the Vitol Group.

Ardmore Shipping Corporation Announces Financial Results for Third Quarter 2013
Business Wire - Mon Nov 11, 6:45AM CST
Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company" today announced results for the three and nine months ended September 30, 2013.

Ardmore Shipping Announces Third Quarter 2013 Conference Call and Webcast
Business Wire - Thu Oct 31, 8:00AM CDT
Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company" today announced that the Company plans to announce its third quarter 2013 earnings before the market open on Monday, November 11, 2013 and will host a conference call later in the day at 10:00 a.m. Eastern Time. The conference call will also be broadcast live over the Internet.

Ardmore Shipping Announces Acquisition of MR Product Tanker
Business Wire - Mon Oct 28, 7:30AM CDT
Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company" today announced the acquisition of a 45,726 Dwt MR product tanker built in October 2006 at Minami Nippon Shipbuilding Co., Ltd., Japan, for a purchase price of approximately $20.5 million.

Ardmore Shipping Corporation Announces Financial Results for Second Quarter 2013
Business Wire - Mon Aug 26, 7:00AM CDT
Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company) today announced results for the three and six months ended June 30, 2013. A summary of the recent and second quarter highlights are as follows:

Ardmore Shipping Signs Contracts for Four 25,000 Dwt Product & Chemical Tanker Newbuildings
Business Wire - Wed Aug 21, 7:15AM CDT
Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company" today announced that it has executed contracts for the construction of four 25,000 Dwt IMO 2 eco-design product & chemical tankers ordered from Fukuoka Shipbuilding Co. Ltd., Japan ("Fukuoka" for a total price of approximately $118,000,000. As part of the contracts, Ardmore has also negotiated fixed price options for additional vessels. Ardmore expects to take delivery of the contracted vessels between fourth quarter 2014 and fourth quarter 2015. Including these four newbuildings, Ardmore has exercised options or signed newbuilding contracts for a total of eight vessels since pricing its IPO on July 31, 2013, increasing the Company's fleet to 20 vessels consisting of eight vessels in operation and 12 newbuildings on order.

Ardmore Shipping Announces Second Quarter 2013 Conference Call and Webcast
Business Wire - Mon Aug 19, 3:15PM CDT
Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company" today announced that it will hold a conference call for the second quarter of 2013 on Monday, August 26, 2013 at 11:00 a.m. Eastern Time. The conference call will also be broadcast live over the Internet. The Company will issue results for the second quarter ended June 30, 2013 on the same day before the open of market trading.

Ardmore Shipping Corporation Orders Two 37,000 Dwt Chemical Tanker Newbuildings
Business Wire - Wed Aug 14, 7:15AM CDT
Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company" today announced that it has executed contracts for the construction of two 37,000 Dwt IMO 2 eco-design chemical tankers ordered from Hyundai Mipo Dockyard Co. Ltd, South Korea ("HMD" for approximately $32.7 million each with options for further equipment upgrades. As part of the contracts, Ardmore has also negotiated fixed price options for additional vessels. Ardmore expects to take delivery of the contracted vessels in fourth quarter 2014 or in first quarter 2015.

Ardmore Shipping Corporation Commences Execution of Its Fleet Expansion Plan
Business Wire - Thu Aug 08, 7:15AM CDT
Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company" today announced that it has exercised options on two 50,300-dwt IMO 3 eco-design product tankers ordered from SPP Shipbuilding Co. Ltd, South Korea. ("SPP". This extends the series from SPP to a total of eight with deliveries beginning in January 2014. The two-ship package has a cost of approximately $68,500,000 inclusive of ballast water treatment systems. Ardmore expects to take delivery of these vessels from SPP in the second and third quarters of 2015.
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