Last update:
Last price:
% Change:
Volume:
Market capitalization:
Credits:
Pricing delayed by 15 minutes

IR News

Corporate

Announcement of the sale of the oldest vessel of its fleet, MT Glenda Meryl

November 27, 2025

Luxembourg – November 27th, 2025d’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 sale of the MT Glenda Meryl (the Vessel”), a 47,200 dwt MR product tanker vessel, built in 2011 by Hyundai Mipo, South Korea, for a total consideration of US$19.5 million, with delivery to the buyers before the end of December 2025.

 

Thanks to this transaction d’Amico Tankers will sell the oldest vessel in its fleet and will generate approximately US$14.5 million in cash upon her delivery to the buyers, net of commissions, and the reimbursement of her residual bank debt outstanding.

 

Carlos di Mottola, Chief Executive Officer of d’Amico International Shipping, stated:

“I am pleased to announce that we have reached an agreement for the sale of MT Glenda Meryl, the oldest vessel in our fleet, built in 2011; through this transaction, as well as the sale of her two sister ships earlier this year, the proportion of DIS’ fleet which is eco-design will reach 93% by year-end. It represents another important milestone in the execution of our strategy to operate a modern, fuel-efficient fleet, supporting both our sustainability objectives and our profitability.”

Attachments

Cookies Settings
Cookie banner

This site uses technical cookies (strictly necessary for navigation). We suggest you select "Cookies Settings" to make your choices and for more information. By selecting "Accept All Cookies" you will authorize the use of profiling cookies. By selecting "Continue without Accepting" you will not authorize profiling cookies. For more information see privacy policy