Ardmore Shipping has maintained market confidence for the long run despite a third-quarter loss, saying its young fleet is well positioned to meet the upcoming regulatory changes.
To combat climate changes, some regulators across the globe – including the International Maritime Organisation – have planned to introduce new regulations aimed at reducing greenhouse gas emissions from shipping.
“We embrace the pending energy transition which is expected to have a profound impact on the shipping industry,” Ardmore chief executive Anthony Gurnee said in a quarterly report.
