FORWARD-LOOKING STATEMENTS
All statements, other than statements of historical fact, included in or incorporated by reference into this prospectus and any prospectus
supplements are forward-looking statements. The Private Securities Litigation Reform Act of 1995, as amended, provides a safe harbor for forward-looking statements to encourage companies to provide prospective information
about themselves so long as they identify these statements as forward-looking and provide meaningful cautionary statements identifying important factors that could cause actual results to differ from the projected results. In addition, we and our
representatives may from time to time make other oral or written statements that are also forward-looking statements. Such statements include, in particular, statements about our plans, strategies, business prospects, changes and trends in our
business, and the markets in which we operate. In some cases, you can identify the forward-looking statements by the use of words such as believe, anticipate, intends, estimate, forecast,
project, plan, potential, may, could, would, should, will, expect, predict, pending, continue or the
negative of these terms or other comparable terminology.
Forward-looking statements are made based upon managements current plans,
expectations, estimates, assumptions and beliefs concerning future events affecting us. Forward-looking statements are subject to risks, uncertainties and assumptions, including those risks discussed in Risk Factors and
Managements Discussion and Analysis of Financial Condition and Results of Operations set forth in the reports we file with the SEC and that are incorporated into this prospectus by reference, including, among others, our Annual
Report on Form 20-F for the fiscal year ended December 31, 2020, our Report on Form 6-K dated May 5, 2021, with the financial information for the three months
ended March 31, 2021 and our Report on Form 6-K dated July 27, 2021 with the financial information for the three and six months ended June 30, 2021. The risks, uncertainties and assumptions
involve known and unknown risks and are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. We caution that forward-looking statements are not guarantees and that actual results could differ
materially from those expressed or implied in the forward-looking statements.
Except to the extent required by applicable law or
regulation, we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to
time, and it is not possible for us to predict all of these factors. In addition, we cannot assess the effect of each such factor on our business or the extent to which any factor, or combination of factors, may cause actual results to be materially
different from those contained in any forward-looking statement, and accordingly, you should not place undue reliance on forward-looking statements.
ARDMORE SHIPPING CORPORATION
We are Ardmore Shipping. We provide seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil
companies, oil and chemical traders, and chemical companies, with our modern, fuel-efficient fleet of mid-size product and chemical tankers. As at August 20, 2021, our fleet consists of 27 vessels
(including two chartered-in vessels), all of which are in operation.
We commenced business
operations in April 2010 with the goal of building an enduring product and chemical tanker company that emphasizes disciplined capital allocation, service excellence, innovation, and operational efficiency through our focus on high quality,
fuel-efficient vessels. We are led by a team of experienced senior managers who have previously held senior management positions with highly regarded public shipping companies and financial institutions.
We are strategically focused on modern, fuel-efficient, mid-size product and chemical tankers. We
actively pursue opportunities to exploit the overlap we believe exists between the clean petroleum product (or CPP) and chemical sectors in order to enhance earnings, and also seek to engage in more complex CPP trades, such as multi-grade and
multi-port loading and discharging operations, where our knowledge of chemical operations is beneficial to our CPP customers.
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