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June 10, 2014
08:33 EDTASCArdmore Shipping announces acquisition of two MR product tankers
Ardmore Shipping Corporation announced the acquisition of two second-hand 47,500 Dwt MR product tankers built in 2008 at Onomichi Dockyard Co. Ltd., Japan for a purchase price of $23M each. The vessels are expected to deliver to Ardmore between July and October and are intended to be employed either in the spot market or on time charters. Upon delivery, Ardmore’s fleet will stand at 24 vessels, with 14 in operation and 10 Eco-design product and chemical tanker newbuildings delivering by the fourth quarter of 2015. The next two newbuildings are scheduled to deliver in November.
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