Ardmore Shipping Corp (ASC) 2013年年度报告「NYSE」.pdf

1、ANNUAL REPORT 2013Ardmore Shipping owns and operates a fleet of mid-size product and chemical tankers ranging from 17,500 Dwt to 50,300 Dwt.We provide seaborne transportation of petroleum products and chemicals worldwide to oil majors,national oil companies,oil and chemical traders,and chemical comp

2、anies,with our modern,fuel-efficient fleet of tankers.Ardmores core strategy is to develop a modern,high-quality fleet of product and chemical tankers,build key long-term commercial relationships,maintain our cost advantage in assets,operations and overhead,while creating significant synergies and e

3、conomies of scale as the Company grows.We provide our services to customers through voyage charters,commercial pools and time charters and enjoy close working relationships with key commercial and technical management partners.We view the continued development of these relationships as crucial to ou

4、r long-term success.LONG-TERM VALUE CREATION Transparent Corporate Structure Balanced Fleet Employment Dividends and Capital Growth Conservative Capital Structure High Quality FleetARDMORESTRATEGYOUR CORE PRINCIPLES:PROFESSIONALISM INTEGRITY RESPECTCOMPANYOUR Mid-size Product and Chemical Tankers Se

5、rvice Excellence Quality Operations Fuel Effi ciency Assets Acquired at Cyclical Lows Operational Cost Advantage Low Corporate Overhead Diligent Investment AppraisalFOCUSCOST LEADERSHIPSHIPPING IS AN OPERATIONALLY INTENSIVE BUSINESS WHERE COMPANIES WORK IN A CONSTANTLY CHANGING COMMERCIAL ENVIRONMEN

6、T,TRADE TO ALL PARTS OF THE GLOBE,ARE SUBJECT TO STRINGENT REGULATIONS,AND WHERE TANKER COMPANIES IN PARTICULAR ARE HELD TO HIGH STANDARDS IN VIEW OF THE POTENTIAL ENVIRONMENTAL IMPACT.FURTHERMORE,SHIPPING COMPANIES COMPETE IN A CYCLICAL AND CAPITAL INTENSIVE ENVIRONMENT WHICH REWARDS THOSE WHO HAVE