d’Amico Tankers Ltd (Ireland) Sold Tanker for US$13 Million

15th January 2016

#dAmico(Ireland) - d’Amico International Shipping S.A. operating in the product tanker market, announced that its operating subsidiary d’Amico Tankers Limited (Ireland) sold the m/t Cielo di Salerno last month.

The 36,032dwt handysize product tanker built in 2002 by STX South Korea, was sold to SW Cap Ferrat Shipping LLC (Marshal Islands) for a consideration of US$ 13,000,000.

d’Amico Tankers will maintain the commercial employment of the products tanker, having also concluded with the Cap Ferrat Shipping, a three year time charter agreement at attractive rate. This according to d’Amico will allow to keep the optimal level of their fleet.

Also owned by d’Amico Tankers Limited fleet are 50.8 double-hulled tankers (MR and Handysize product tankers) with an average age of about 7.8 years (of which 25.3 owned vessels and 25.5 are chartered-in vessels).

d’Amico Tankers Limited has also a total of 12 newbuilding product tanker shipbuilding contracts, which include 3 MR, 3 Handysize and 6 LR1 vessels, with South Korean shipyard, Hyundai Mipo Dockyard Co. Ltd.

Published in Ports & Shipping

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Jehan Ashmore

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Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals.

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