Ardmore Shipping Corporation has exercised the remaining options in its newbuilding programme, taking two further 40,500 dwt Handysize product and chemical tankers at Wuhu Shipyard and expanding the original order to six vessels in total, sources indicated on 28 August 2026.
The announcement, published by reports, confirmed that Ardmore Shipping Corporation (NYSE: ASC) moved to buy the final pair of vessels under the contract framework it holds with Wuhu Shipyard. The company said the two ships are of 40,500 deadweight tonnage and are intended as product and chemical tankers.
The additional pair is reported to be contracted on terms similar to those that governed the earlier tranche of the order, expanding the package that had previously been disclosed. With the exercise of these options Ardmore has no further options outstanding under the original agreement.
The source summary notes that the newbuildings are to be built at Wuhu Shipyard, and it describes the action as the completion of the company�s option package. Further particulars on delivery timing, financing or technical specification were not included in the supplied report.
Order completion and scope
Taken together the exercises bring the original commitment to six Handysize product and chemical tankers, all reported as 40,500 dwt. The company and the shipyard are said to be proceeding on similar commercial terms for the final pair as for the earlier vessels in the series.
What the announcement confirms
The supplied report makes three clear points: Ardmore has exercised two remaining options; the vessels are 40,500 dwt Handysize product/chemical tankers; and Wuhu Shipyard is the builder. Beyond those particulars the summary supplied does not offer further detail on delivery dates or contract financing.
The decision to take the final two hulls completes the option programme referenced in the announcement and removes any remaining contractual right to order additional ships under the same package, according to the supplied summary. That fact was explicitly stated in the report referenced here.
- Shipowner: Ardmore Shipping Corporation (NYSE: ASC)
- Builder: Wuhu Shipyard
- Vessels: two additional 40,500 dwt Handysize product/chemical tankers, expanding order to six in total
The information in this article is drawn from a reports item dated 28 August 2026 and the supplied summary of that report. No further operational or commercial detail was included in the notes provided for this item.