April 11, 2024
Luxembourg – April 10th, 2024 – d’Amico International Shipping S.A. (Borsa Italiana: DIS.IM and OTCQX Best Market: DMCOF) (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 memorandum of agreement for the purchase of the MT Amfitrion (the “Vessel”), a 50,000 dwt MR product tanker vessel, built in 2017 by Samsung Heavy Industries Ningbo, China, for a consideration of US$ 43.5 million.
As of today, DIS’ fleet comprises 34 double-hulled product tankers (MR, Handysize and LR1, of which 26 owned, 5 chartered-in and 3 bareboat chartered-in) with an average age of about 8.8 years for its owned and bareboat chartered-in vessels.
Paolo d’Amico, Chairman and Chief Executive Officer of d’Amico International Shipping, stated:
“After the sale of MT Glenda Melanie, our fleet's oldest vessel, which was announced in March, I am pleased to announce the acquisition of a modern and 'Eco' MR vessel, the MT Amfitrion. Built by a reputable shipyard in 2017, this vessel aligns perfectly with our Company's long-term strategy of owning and operating a fleet comprised of young and efficient product tanker vessels.”