Ardmore Shipping Signs Contracts for Four 25,000 Dwt Product & Chemical Tanker Newbuildings

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Ardmore Shipping Corporation (NYSE:ASC) (“Ardmore” or the “Company”) today announced that it has executed contracts for the construction of four 25,000 Dwt IMO 2 eco-design product & chemical tankers ordered from Fukuoka Shipbuilding Co. Ltd., Japan (“Fukuoka”) for a total price of approximately $118,000,000.