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Dublin Based d’Amico Group Subsidiary Signs Contract for 'Eco Design' Medium Range Tankers

21st January 2026
A Dublin based subsidiary of d’Amico International Shipping S.A., signs contract with an Asian shipyard for two new medium range 40,000 dwt product tanker vessels costing US$ 43.2 m each. Above the Cielo du Ulsan, one of 29 double hulled tankers from the DIS’ fleet.
A Dublin based subsidiary of d’Amico International Shipping S.A., signs contract with an Asian shipyard for two new medium range 40,000 dwt product tanker vessels costing US$ 43.2 m each. Above the Cielo du Ulsan, one of 29 double hulled tankers from the DIS’ fleet. Credit: d’Amico

d’Amico International Shipping S.A., an international marine transportation company operating in the product tanker market, announces that its operating subsidiary d’Amico Tankers D.A.C. (Ireland) has signed a shipbuilding contract with Guangzhou Shipyard International in China.

The Dublin-based ship operating subsidiary Afloat highlights that it is located at The Anchorage, Sir John Rogerson's Quay, has placed the order with GSI for the purchase of two new medium-range (MR1) product tanker vessels. The contract price of the new vessels is US$ 43.2 million each.

The 40,000 deadweight ton (dwt) newbuilds are expected to be delivered to d'Amico Tankers in April and July 2029. In addition, d'Amico Tankers has an option, exercisable within three months of signing the shipbuilding contract, to order one or two additional ships of the same type.

Currently the DIS’ fleet comprises 29 double-hulled product tankers (MR, Handysize, and LR1) of which 27 are owned and 2 are bareboat chartered-in, with an average age of about 9.5 years for its owned and bareboat chartered-in vessels.

The Milan-listed DIS, with its Dublin office, along with 10 more worldwide, is part of the d'Amico Società di Navigazione SpA (the d'Amico Group). It was founded in 1952 and offers international shipping services related to its core businesses and owners of an eco fleet of product tankers and also dry bulk carriers.

Published in Shipyards
Jehan Ashmore

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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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Shipyards

Afloat will be focusing on news and developments of shipyards with newbuilds taking shape on either slipways and building halls.

The common practice of shipbuilding using modular construction, requires several yards make specific block sections that are towed to a single designated yard and joined together to complete the ship before been launched or floated out.

In addition, outfitting quays is where internal work on electrical and passenger facilities is installed (or upgraded if the ship is already in service). This work may involve newbuilds towed to another specialist yard, before the newbuild is completed as a new ship or of the same class, designed from the shipyard 'in-house' or from a naval architect consultancy. Shipyards also carry out repair and maintenance, overhaul, refit, survey, and conversion, for example, the addition or removal of cabins within a superstructure. All this requires ships to enter graving /dry-docks or floating drydocks, to enable access to the entire vessel out of the water.

Asides from shipbuilding, marine engineering projects such as offshore installations take place and others have diversified in the construction of offshore renewable projects, from wind-turbines and related tower structures. When ships are decommissioned and need to be disposed of, some yards have recycling facilities to segregate materials, though other vessels are run ashore, i.e. 'beached' and broken up there on site. The scrapped metal can be sold and made into other items.