Ardmore Shipping Exercises Newbuilding Options

HAMILTON, Bermuda, Aug. 27, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced it has exercised the options for a further two 40,500 dwt Handysize product/chemical tankers to be built at Wuhu Shipyard. This expands the original order to six vessels in total on similar terms, and the Company has no further options outstanding. The deliveries of these six vessels are scheduled from late 2028 and onwards.

About Ardmore Shipping Corporation:

Ardmore delivers energy, mobility, and essential commodities, supporting global trade through the transportation of refined products, chemicals and other liquid goods. Operating as a fully integrated shipping company, all core commercial, technical, operational, and corporate functions are conducted within the Ardmore public company structure. Through its global platform, Ardmore maintains direct control over asset management, operations, and commercial execution, promoting consistent standards, efficiency, and accountability across the fleet.

Ardmore's core strategy is centered on the continued development and operation of a modern, high–quality fleet of product and chemical tankers, while continually evolving and innovating across the business to position the Company optimally for the future, leveraging its fully integrated model to build long–term customer relationships and maintain a sharp focus on cost, safety, and performance optimization.

Ardmore provides its services through voyage and time charter arrangements, delivering reliable and efficient transportation services to its first-class customer base — all guided and coordinated by our team members at sea and ashore.

Investor Relations Enquiries:

Mr. Leon Berman
IGB Group
32 Broadway, Suite 1314
New York, NY 10004
Tel: 212-477-8438
Fax: 212-477-8636
Email: lberman@igbir.com

Or

Mr. Bryan Degnan
IGB Group
Tel: 646-673-9701
Email: bdegnan@igbir.com

View original content:https://www.prnewswire.com/news-releases/ardmore-shipping-exercises-newbuilding-options-302861754.html

SOURCE Ardmore Shipping Corporation