Ardmore Orders Two 37,000 DWT Chemical Tanker Newbuilds

Ardmore Shipping Corporation today announced that it has contracted Hyundai Mipo Dockyard Co. Ltd, South Korea (HMD) for the construction of two 37,000 Dwt IMO 2 eco-design chemical tankers ordered from for approximately $32.7 million each with options for further equipment upgrades.

As part of the contracts, Ardmore has also negotiated fixed price options for additional vessels.

Ardmore expects to take delivery of the contracted vessels in fourth quarter 2014 or in first quarter 2015.

ardmoreshipping.com