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Subsequent Events

3 Months Ended

Mar. 31, 2016

Subsequent Events [Abstract]

Subsequent Events

8. Subsequent Events

Of the two vessels held for sale as of March 31, 2016, the Ardmore Capella was delivered and sold to the purchaser on April 28, 2016 and the Ardmore Calypso is scheduled to be delivered and be sold to the purchaser on May 9, 2016. The aggregate sales price for the two vessels is $38.5m.

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- Definition

The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

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