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Idan Ofer invests in Ardmore Shipping

Photo of Sam Chambers Sam ChambersApril 8, 2022
1 1,347 Less than a minute

Idan Ofer has been revealed as a major shareholder in Ireland-based Ardmore Shipping.

In a filing to the US Securities and Exchange Commission this week, it has emerged that two Ofer vehicles – EPS Ventures and Quantum Pacific Shipping – hold a combined 3.28m shares in the Anthony Gurnee-led tanker firm.

Founded in 2010, Ardmore today operates a large fleet of comparatively young product and chemical tankers. It has been listed on the New York Stock Exchange since 2013.

Last year it invested in methanol-to-hydrogen technology through a partnership with private equity firm Maritime Partners and Element 1 Corp.

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Photo of Sam Chambers Sam ChambersApril 8, 2022
1 1,347 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

Comments

  1. Idan going back to his roots in Tanker Pacific and its small chemical tankers?

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