The shipping company d'Amico International Shipping – which operates in maritime transport, specializing in the tanker market – announced that its operating subsidiary d'Amico Tankers has signed an agreement for the sale of the last old ship in the fleet, the MT High Priority, a 46.847-ton deadweight MR built in 2005 at Nakai Zosen in Japan for $9,2 million.
Specifically, the agreement allows d'Amico Tankers to generate, upon delivery of the vessel, approximately 7 million cash, net of commissions and the repayment of the existing bank debt”, explains shipping, recalling that currently, the fleet Dis includes “36 double hull product tankers (MR, Handysize and LR1, of which 18 owned, 10 chartered in and 8 bareboat chartered in), with an average age for owned and bareboat chartered in equal at 7 years old".
Paul d'Amico, president and chief executive officer of d'Amico International Shipping, said: “With the sale of this vessel, the group has effectively completed its multi-year strategic fleet renewal plan, which saw our Company order 22 vessels newly built and then sell all the older units instead”. And that this transaction will further strengthen the capital and liquidity position of the group.
Then the number one of d'Amico International Shipping underlined that following the sale "84% of our owned and bareboat chartered-in fleet will be eco-friendly, with an average age of just 6,6 years". In this way, Dis will be able to "further reduce its environmental impact", and at the same time improve "its commercial competitiveness and profitability, with significant savings both on the high fuel costs that we currently have to face, and on those deriving from environmental regulations which will enter into force starting from 2023”, concluded d'Amico.
