Ardmore Shipping Files 2024 Annual Report on Form 20-F

Core Viewpoint - Ardmore Shipping Corporation has filed its Annual Report on Form 20-F for the year ended December 31, 2024, with the SEC, in compliance with NYSE rules [1] Company Overview - Ardmore owns and operates a fleet of MR product and chemical tankers ranging from 25,000 to 50,000 deadweight tonnes, providing seaborne transportation of petroleum products and chemicals worldwide [2] - The company serves oil majors, national oil companies, oil and chemical traders, and chemical companies through its modern, fuel-efficient fleet [2] Business Strategy - Ardmore's core strategy focuses on developing a modern, high-quality fleet of product and chemical tankers, building long-term commercial relationships, and maintaining cost advantages in assets, operations, and overhead [3] - The company aims to create synergies and economies of scale as it grows, providing services through voyage charters, commercial pools, and time charters [3] Energy Transition Plan - Ardmore's Energy Transition Plan (ETP) emphasizes three key areas: transition technologies, transition projects, and sustainable (non-fossil fuel) cargos [4] - The ETP extends Ardmore's strategy by leveraging its strengths in tanker chartering, shipping operations, and technical management [4]