Ardmore Shipping Corp.
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About
Ardmore Shipping Corp. is an international tanker company specializing in the transportation of petroleum products and chemicals through its fleet of medium-range (MR) tankers and chemical tankers. The company operates vessels that transport refined petroleum products including gasoline, diesel, jet fuel, and naphtha, as well as specialty chemicals across global trade routes. Ardmore's fleet includes eco-design vessels with improved fuel efficiency and lower emissions compared to older tonnage. The company generates revenue through time charter, voyage charter, and pool arrangements. Ardmore Shipping serves major oil companies, commodity traders, and industrial customers. Founded in 2010 and headquartered in Cork, Ireland, Ardmore operates in the cyclical tanker shipping market driven by global oil product trade flows, refinery utilization, and vessel supply-demand dynamics. The company benefits from refined product trade growth, fleet renewal demand, and environmental regulations favoring modern tonnage while navigating freight rate volatility, vessel operating costs, and shipping industry cycles.