Italy’s d’Amico International Shipping (DIS), a family business operator in the product tanker market, has revealed that its operating subsidiary d’Amico Tankers D.A.C. (Ireland) has recently inked new 12-month time charter deals for two of its eco-MR2 vessels and one of its eco-LR1 ships.
The shipowner said that all charter contracts are with reputable counterparties and at very profitable daily hire rates.
Additionally, d’Amico Tankers has signed a six-month contract for one of its MR2 vessels and extended an existing contract for another MR2 vessel by six months, also at profitable hire rates.
Milan stock exchange-listed d’Amico International Shipping S.A. also revealed its estimated contract coverage – after the conclusion of these time charter agreements.
As it is reported, 52% of DIS’ available vessel days are fixed at a TCE rate of approximately US$ 23,760/day for the Q2-Q4 2025.
Furthermore, 21% of DIS’ available vessel days are fixed at a TCE rate of approximately US$ 24,730/day for the FY 2026.
Also 6% of DIS’ available vessel days are fixed at a TCE rate of approximately US$ 23,550/day for the FY 2027.
Carlos di Mottola, chief executive officer of d’Amico International Shipping, said: “I am pleased to announce the conclusion of these time-charter agreements with highly reputable counterparties.
“These contracts are fully aligned with our well-established strategy of progressively increasing coverage, thereby strengthening earnings visibility and reducing exposure to market volatility.
“Furthermore, the highly attractive rates secured under these agreements reflect the current positive market outlook. We believe DIS is well positioned to continue delivering strong results and to capitalise on favourable market dynamics.”
