Ardmore Shipping Corporation Q4 2025 Earnings Call Summary

Performance is driven by a 'performance-driven culture' that maximizes earnings across cycles by operating interchangeably between refined oil products and complex chemical cargoes. The company achieved a low cash breakeven of $11,700 per day through disciplined cost management and the redemption of $30,000,000 in preferred shares, enhancing financial resilience. Strategic fleet expansion involved acquiring three modern MR tankers at an opportune time, which have already appreciated in value by 15% si ...