Announcement of the conclusion of a new 3y TC contract

Luxembourg – June 21st, 2024 – d’Amico International Shipping S.A. (Borsa Italiana: DIS) (the “Company”or “DIS”), an international marine transportation company operating in the product tanker market, announces that its operating subsidiary, d’Amico Tankers D.A.C. (Ireland) (“d’Amico Tankers”), signed a new three-year time charter agreement, starting in Q3’24, for one of its handy eco vessels with a reputable counterparty at very profitable daily hire.
Following the conclusion of this time-charter agreement, DIS has the following estimated forward contract coverage:

• H2 2024: 33% of DIS’ available vessel days fixed at a TCE rate of approximately US$ 27,590/day
• FY 2025: 15% of DIS’ available vessel days fixed at a TCE rate of approximately US$ 24,370/day
• FY 2026: 9% of DIS’ available vessel days fixed at a TCE rate of approximately US$ 22,615/day

Carlos di Mottola, Chief Executive Officer of d’Amico International Shipping, stated:
“I am glad to announce the conclusion of this long-term charter contract with a well-known and reputable counterparty. The very profitable hire we were able to achieve on this contract reflects our market’s strong long-term fundamentals.”