d’Amico Orders Eco Handysize Pair

d’Amico International Shipping, a pure product tankers player operating in MR1 and MR2 sectors, has, through its subsidiary d’Amico Tankers Limited (Ireland), signed a $73.2 million contract for the construction of two Handysize “Eco” vessels.

These 50.000 dwt “ECO Design” tankers will allow fuel savings of 6/7 tons per day compared to the older designs. They will be able to transport 8/9 different products allowing an increased operating flexibility for d’Amico customers.

The newbuildings will be constructed by Hyundai Mipo Dockyard Co. Ltd. (Korea), through its affiliate in Vietnam, with the advisory of the d’Amico Group marine engineers and are expected to be delivered at the end of 2016.

Marco Fiori, CEO of d’Amico International Shipping, said: “DIS’ newbuilding strategy is going to be a key point also in 2014. By adding new vessels able to carry different products simultaneously and safely, and by holding the costs down and ensuring a reduced environmental impact, DIS is constantly showing its strong ability to be not only more competitive at an international level, but also to perfectly understand the needs of a changing market.”

d’Amico Tankers fleet includes 40 double-hulled tankers (MR and Handysize product tankers) with an average age of about 5.6 years. The company has currently a total of 9 “ECO design” product tanker shipbuilding contracts, which include 5 MRs and 4 Handysize vessels, with Hyundai Mipo Dockyard Co. Ltd.

In addition to this, the company has one further vessel under construction at Hyundai Mipo Dockyard Co. Ltd., in JV with Venice and Shipping Logistics S.p.A.

 

damico, April 4, 2014

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