Ireland's sailing, boating & maritime magazine

Displaying items by tag: Tanker Sold US$ 13m

#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