10 Best Marine Shipping Stocks to Buy According to Analysts

7. Ardmore Shipping Corporation (NYSE:ASC

Upside Potential: 56.57%

Number of Hedge Fund Investors: 22

Stock Price as of December 24: $11.88

Ardmore Shipping Corporation (NYSE:ASC) specializes in the transportation of petroleum products and chemicals. The company operates a modern and efficient fleet of MR (Medium Range) and chemical tankers, which serves major oil companies and global trading houses.

Ardmore Shipping Corporation (NYSE:ASC) has made significant investments in efficiency-enhancing technologies and scrubber installations, which have boosted chartering performance and reduced emissions. Looking forward, Ardmore Shipping Corporation (NYSE:ASC) plans to invest approximately $30 million to $35 million in 2025, covering routine dry dockings and additional high-return performance upgrades, including specialized tank coatings. These investments align with upcoming regulations such as the EU Maritime Fuel Regulation.

Ardmore Shipping Corporation (NYSE:ASC) is focusing on a disciplined approach to cost management and deleveraging. The company has successfully reduced its cash breakeven level to the lowest in its history from $16,500 per day to $11,500 per day in Q3, which helped that company to achieve annualized savings of about $50 million. The company remains committed to reinvesting in its fleet while ensuring sustainable value creation. This includes evaluating potential avenues for reinvestment in the existing fleet and the broader market.

Ardmore Shipping Corporation’s (NYSE:ASC) MR and chemical tanker fleets are well-positioned to capitalize on the increasing demand for long-haul ton-miles and allow the company to maximize TCE (Time Charter Equivalent) rates, due to ongoing geopolitical disruptions, particularly as refineries and petrochemical production capacity expand in the East, while closures in the West drive higher ton-miles.