1、ARDMORE SHIPPINGArdmore Shipping Corporation2023 ANNUAL REPORT2023 ANNUAL REPORTContentsOur Company 1Our Strategy 2Letter From The Chair 3Letter From The CEO 5Directors&Senior Management 9Our Fleet 17Performance and Progress 19ESG Highlights 21Form 20-F 23 Our CompanyArdmore Shipping owns and operat
2、es a fleet of mid-size product and chemical tankers.We provide seaborne transportation of chemicals,sustainable fuels,and petroleum products worldwide to oil majors,national oil companies,oil and chemical traders,and chemical companies,with our modern,fuel-efficient fleet of tankers.Ardmores core st
3、rategy is to develop a modern,high-quality fleet of product and chemical tankers through well-timed growth,build key long-term commercial relationships,and maintain our cost advantage in assets,operations,and overhead through hands-on management,while creating significant synergies and economies of
4、scale as the Company grows.We provide our services to customers through our in-house chartering and commercial team.We maintain a broad range of vessel employment strategies to maximize commercial flexibility and customer diversification,enjoying close working relationships with key commercial and t
5、echnical management partners.Maintaining outstanding customer service is a cornerstone of our business,and we seek customers who value our active approach to fuel efficiency and excellent service delivery.Our Energy Transition Plan(“ETP”)is focused on three key areas:(1)Transition Projects,(2)Transi
6、tion Technologies,and(3)Sustainable Cargos(non-fossil fuel).Balancing the energy transition with energy realism,the ETP is an extension of our existing strategy,building on our core strengths of tanker chartering,shipping operations,technical and operational fuel efficiency improvements,technical ma