Ardmore lines up tanker newbuilds in China

Ireland-based Ardmore Shipping has moved to refresh its fleet with an order for two product and chemical tankers, while keeping the door open for further expansion. The New York-listed owner said it has signed contracts with China’s Wuhu Shipyard for 40,500 dwt pair, priced at $44.9m each. The deal also includes options for two additional …

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