$ASC

The article says publicly listed shipowners reported record Q2 earnings and are investing in fleet renewal and raising dividends amid a prolonged shipping bull market, with James Lightbourn (Ocean Atomics) attributing the boom to geopolitics. It cites results including DHT Holdings net profit US$198M, Teekay Tankers GAAP net income US$225.9M, and International Seaways net income US$294.9M.

Ardmore Shipping Corporation (NYSE: ASC) said it will release second-quarter 2026 earnings before the market opens on July 29, 2026, and hold a conference call at 10:00 a.m. ET the same day. The call and slide presentation will be webcast live and later archived on its website.

Oil and gas tanker and dry bulk shipping stocks fell Friday after vessel traffic through the Strait of Hormuz increased, according to the article, reducing a bottleneck that had supported higher freight rates. Frontline fell 8% and Ardmore Shipping 9%; Dorian LPG and Scorpio Tankers each dropped 5%, with other declines across the sector.

Ardmore Shipping (NYSE: ASC) said it exercised options for two additional 40,500 dwt Handysize product/chemical tankers at Wuhu Shipyard, expanding an original order to four vessels total on the same terms. Deliveries are expected from late 2028 onward. The company also secured two more options at similar terms.

The article says the IRGC assessed a U.S.-Iran war risk as “low,” which it says contributed to a drop in crude oil prices. Louis Navellier says energy and tanker stocks remain attractive, citing strong forecast sales/earnings and longer routes and Strait of Hormuz bottlenecks. It also notes Elbit Systems Q1 revenue rose 15.5% to $2.189B, beating expectations, and Micron’s UBS price target was raised to $1,625.

Ardmore Shipping Corporation (NYSE:ASC) has announced a significant increase in its quarterly dividend to $0.39 per share, up 333.3% from the previous $0.09. The company also reported strong financial results, surpassing analyst expectations with $0.58 EPS against $0.51 expected, and revenues of $87.92 million against $58.08 million. This increased dividend, which offers an 8.3% yield, is well-covered by earnings, with a payout ratio of 28.6%.

Ardmore Shipping Corp's SVP, Aideen Siobhan O'Driscoll, has reported her initial equity holdings in a Form 3 SEC filing. The filing indicates direct ownership of 35,461 common shares and several restricted stock units (RSUs) corresponding to 1,821, 4,883, and 6,596 underlying common shares with future vesting dates stretching to 2029. These RSUs include dividend equivalent rights and vest based on continued service to the company.

Ardmore Shipping Corp's Chief Operating Officer, Robert Cristian Gaina, has filed an initial ownership report (Form 3) detailing his equity holdings in the company. The report indicates direct ownership of 3,623 common shares and several grants of restricted stock units (RSUs) which convert into common shares upon vesting. These RSUs have a $0.0000 exercise price and include dividend equivalent rights.

Image source: The Motley Fool.Wednesday, November 5, 2025 at 10 a.m. ETChief Executive Officer - Gernot RuppeltContinue reading ...

NEW YORK, Oct. 08, 2025 ( GLOBE NEWSWIRE ) -- Capital Link invites institutional investors, analysts, shipping executives and industry participants to the 17th Annual Capital Link New York Maritime Forum ( NYMF ) on Tuesday, October 14, 2025, at the Metropolitan Club in New York City.