ASC News and Press, Ardmore Shipping Corporation From 07/27/22

Ardmore Shipping Announces Planned Departure of CFO Paul Tivnan and Appointment of Bart Kelleher as CFO Effective 28 September 2022 PR Newswire HAMILTON, Bermuda , July 27, 2022 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or t...

Demand for OSG's oceangoing vessels is strong, and expected to remain elevated for the foreseeable future. Q2 earnings should be good, with similar characteristics anticipated for Q3 and Q4. Despite improved outlook, OSG shares remain undervalued. If OSG reverts even somewhat ...

Ardmore Shipping Announces Second Quarter 2022 Conference Call and Webcast PR Newswire HAMILTON, Bermuda , July 18, 2022 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to a...

Secular trends are resulting in shipping distances growing, as has the invasion of Ukraine. China reopening is a potential booster for the demand for oil and chemical tankers. Lead times for new builds still play in ASC's favour from a ship supply standpoint, with used vessel pric...

Spot market rates for liquefied natural gas tankers set new records for the year this week as traders bid up available vessels to meet rising global demand, Reuters reported on Monday. Spot rates for transporting 160k cm of LNG in the Atlantic Basin reached $100K/day and $85K/for Asia, or the...

Shares of Ardmore Shipping Corporation (NYSE:ASC) traded today at $8.24, eclipsing its 52-week high. Approximately 427,000 shares have changed hands today, as compared to an average 30-day volume of 716,000 shares. Ardmore Shipping Corporation (NYSE:ASC) is currently priced 1.2% above it...

Ardmore Shipping Corporation (NYSE:ASC) traded today at a new 52-week high of $7.94. Approximately 440,000 shares have changed hands today, as compared to an average 30-day volume of 679,000 shares. Ardmore Shipping Corp owns and operates a fleet of mid-size product and chemical tankers,...

Shares of Ardmore Shipping Corporation (NYSE:ASC) traded at a new 52-week high today of $7.64. So far today approximately 245,000 shares have been exchanged, as compared to an average 30-day volume of 557,000 shares. There is potential upside of 0.6% for shares of Ardmore Shipping Corpor...

Gainers: Ardmore Shipping (ASC) +12%. Ferroglobe (GSM) +10%. Losers: FutureFuel (FF) -33%. Amyris (AMRS) -29%. Vivakor (VIVK) -18%. Matrix Service (MTRX) -14%. Lightwave Logic (LWLG) -13%. For further details see: Ferroglobe among Energy/Material gainers; Amyris and FutureFuel...

Updating investors on changes in fleet composition and net asset value. Unlike most of its larger peers, the company still trades at a substantial discount to NAV. Recent geopolitical events have changed product tanker dynamics materially with the strong charter rate environment now w...