July 31, 2025
Luxembourg – July 31st 2025: DIS Achieves Solid Results in Q2 and H1 2025: Net profit of US$ 19.6m in Q2 and US$ 38.5m in H1; Strong spot rate of US$ 24,497/day in Q2 and US$ 22,655/day in H1; Solid financial structure, with net debt (excl. IFRS 16) to fleet market value.
Carlos di Mottola, CEO of d’Amico International Shipping S.A.
“I’m pleased to present d’Amico International Shipping’s results for the second quarter and first half of 2025. While not matching the exceptional performance achieved during the same period last year, our results remain robust and continue to reflect the strength of the product tanker market in the first half of the year. DIS reported a consolidated net profit of US$ 38.5 million in H1’25, compared with US$ 122.9 million in H1’24, and US$ 19.6 million in Q2’25, versus US$ 66.5 million in Q2’24. Our average TC equivalent spot rate stood at US$ 22,655 per day in H1’25 (US$ 41,404 in H1’24) and US$ 24,497 in Q2’25 (US$ 44,949 in Q2’24), representing an increase of over US$ 3,300 per day compared to the average for the previous quarter. In addition, we secured 45.2% of our employment days under time-charter contracts in H1’25, at an average TCE of US$ 23,892 per day. This contributed to a blended daily TCE of US$ 23,214 in H1’25 and US$ 23,922 in Q2’25 (...)’