The Company will provide a comprehensive update, focusing on
the forces and trends influencing the global product and chemical
tanker markets.
The February 15, 2024 event
will also include the Company's presentation of 4Q 2023 financial
results.
HAMILTON, Bermuda, Feb. 1, 2024
/PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore"
or the "Company") today announced that it will host its 2024
Investor Day on Thursday, February 15
at 12:00 P.M. Eastern Time in
New York City.
At the event, the extended Ardmore management team will provide
the investment community with a comprehensive update on the product
and chemical tanker markets, examining the impact of tight supply /
demand fundamentals as well as the large-scale geopolitical and
weather-related trading restrictions. Additionally, Ardmore
leadership will provide an overview of the Company's strategy and
capital allocation framework for maximizing shareholder value in
both the current market and the years ahead.
Institutional investors and analysts interested in attending the
event should contact The IGB Group at Ardmore@igbir.com.
A live webcast of the presentation and slides will be available
to the public on the Investor Relations section of Ardmore's
website at www.ardmoreshipping.com. Please allow extra time prior
to the presentation to visit the site and download the necessary
software required to listen to the internet broadcast. The webcast
will also be archived on the Company's website.
About Ardmore Shipping Corporation
Ardmore owns
and operates a fleet of MR product and chemical tankers
ranging from 25,000 to 50,000 deadweight tonnes. Ardmore provides,
through its modern, fuel-efficient fleet of mid-size tankers,
seaborne transportation of petroleum products and chemicals
worldwide to oil majors, national oil companies, oil and chemical
traders, and chemical companies.
Ardmore's core strategy is to continue to develop a modern,
high-quality fleet of product and chemical tankers, build key
long-term commercial relationships and maintain its cost advantage
in assets, operations and overhead, while creating synergies and
economies of scale as the company grows. Ardmore provides its
services to customers through voyage charters, commercial pools,
and time charters, and enjoys close working relationships with key
commercial and technical management partners.
Ardmore's Energy Transition Plan ("ETP") focusses on three key
areas: transition technologies, transition projects, and
sustainable (non-fossil fuel) cargos. The ETP is an extension of
Ardmore's strategy, building on its core strengths of tanker
chartering, shipping operations, technical and operational fuel
efficiency improvements, technical management, construction
supervision, project management, investment analysis, and ship
finance.
Investor Relations Enquiries:
Mr. Leon Berman
The IGB Group
45 Broadway, Suite 1150
New York, NY 10006
Tel: 212-477-8438
Fax: 212-477-8636
Email: lberman@igbir.com
Or
Mr. Bryan Degnan
The IGB Group
Tel: 646-673-9701
Email: bdegnan@igbir.com
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SOURCE Ardmore Shipping Corporation