News Archive

ADS Crude Carriers’ first vessel successfully installed with emissions reducing system

ADS Crude Carriers Plc (“ADS” or the “Company”) announces that its vessel ADS Serenade has successfully completed her scheduled intermediate survey and retrofitting of scrubber system and has now commenced on her first spot charter voyage following the upgrade. ADS Serenade is currently in transit to the Middle Eastern Gulf for loading, with subsequent unloading planned for Eastern China.

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Mandatory notification of trade

ADS Crude Carriers Plc (“ADS” or the “Company”) announces that the following Primary Insider has acquired shares in the Company through a related party on 26 August 2019

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NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given that the Annual General Meeting of the Members of the Company will be held on Wednesday 21st August, 2019 at 9.00 hours (local time), at the Registered Office of the Company in Limassol, Cyprus.

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ADS Crude Carriers completes financing

Reference is made to the stock exchange announcement published by ADS Crude Carriers Plc (“ADS Crude Carriers” or the “Company”) on 6 June 2019 regarding terms for a financing facility. The Company announces that all remaining requirements, including final documentation, have been successfully completed. Drawdown on the facility was done on 28 June 2019.

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ADS Crude Carriers agrees terms for Credit Facility

ADS Crude Carriers Plc (“ADS Crude Carriers” or the “Company”) announces that it has agreed terms for a credit facility (the “Facility”), which provides financing of the forthcoming intermediate surveys for the Company’s fleet of three vessels. The intermediate surveys are all due to commence during the third quarter this year and are now fully financed. The Facility will replace the Company’s existing vessel loans. Further, the Facility allows for increased flexibility should the Company decide to expand its fleet.

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ADS Crude Carriers presents at SMB 2019 in Oslo

ADS Crude Carriers Plc (“ADS Crude Carriers” or the “Company”) announces that Chairman of the Board, Bjørn Tore Larsen, will present later this evening at SMB 2019, arranged by Oslo Børs and Aksje Norge. A copy of the presentation is attached.

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ADS Crude Carriers Plc Annual Report 2018

The Board of Directors of ADS Crude Carriers Plc (“ADS Crude Carriers” or the “Company”) has approved the 2018 audited Annual Report. There were no changes to the consolidated annual financial statements compared to those presented in the Company’s unaudited fourth...

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ADS Crude Carriers fourth quarter 2018

ADS Crude Carriers Plc (“ADS Crude Carriers” or the “Company”) announces the release of its fourth quarter and preliminary full year 2018 report. HEADLINES 2018: ADS Crude Carriers Plc established mid-2018 USD 57 million gross equity raised 16 July 2018 in a private...

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Financial calendar

Financial calendar for ADS Crude Carriers Plc FINANCIAL YEAR 2018 04.04.2019 - Annual Report 27.02.2019 - Quarterly Report - Q4 FINANCIAL YEAR 2019 22.08.2019 - Half-yearly Report 29.05.2019 - Quarterly Report - Q1 21.11.2019 - Quarterly Report - Q3 This information...

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ADS Crude Carriers Plc appoints CFO

Ben Boiling is appointed as CFO and will commence at ADS Crude Carriers Plc on 1 January 2019. Mr. Boiling is a Chartered Accountant with over 15 years’ experience in finance and audit roles internationally and comes from the position of Head of Finance at Oslo-listed...

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