Contango secures tanker carrier d'Amico a strong result

Spring's contango market and an indecisive Opec+ helped secure Italian d'Amico a strong result for the first six months of the year.

Photo: PR/d'Amico

There is no such thing as a good contango market, when you make a living from shipping oil products.

The effects of spring's contango market now become evident as the first interim results for tanker shipping companies are being published.

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