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Italian d'Amico forecasts stronger tanker market due to low orderbooks

Italian d'Amico has taken a hard hit in tanker market and exits the first half of 2021 with a loss of USD 15.2 million. The carrier expects improvements throughout the rest of the year.

Photo: PR/d'Amico

Italian dry bulk and product tanker carrier d'Amico International Shipping (DIS) exits the first half of the year with a deficit of USD 15.2 million due to "a challenging product tanker market," according to CEO Paolo d'Amico.

The carrier's bi-annual loss is a sharp contrast to last year's profit of USD 17.1 million in the same period. The carrier fared better in the second quarter, however, explains the CEO.

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