Ardmore charters more tankers

Ardmore charters more tankers    Tanker company Ardmore Shipping Ltd. has taken over contracts for two newbuild vessels from Hellespont Group and has agreed in a separate deal to charter in two vessels from Hellespont.
   Ardmore, based in Cork, Ireland, has agreed to take over the newbuild contracts on two 17,000-deadweight-ton IMO II chemical tankers from Hellespont. The two as-yet unnamed vessels are being built by Sekwang Shipbuilding in South Korea and delivery is expected in April and July 2012.
   In a separate deal, Ardmore has agreed to charter two 2010-built 17,000 dwt IMO II chemical tankers from Hellespont, the Hellespont Commander and the Hellespont Crusader, for a one-year period, with the option of a further year. Both vessels will be entered into the Navig8 Brizo-8 chemical tanker pool for trade and commodity chemicals.
   The newbuilds and charter vessels will join the four existing vessels in Ardmore's fleet: the Ardmore Centurion, Ardmore Seatrader, Ardmore Seamaster and Ardmore Seafarer. the company also has two newbuild vessels on order with SPP Shipbuilding in South Korea, expected to be delivered in 2012 and 2013.