ShippingWatch

D'Amico ready with billion-dollar investments

Italian product tanker carrier d'Amico plans to invest a total of USD 1.2 billion in fleet renewals during the next three or four years, according to Reuters.

Product tanker carrier d'Amico, which competes with other product tanker carriers such as Ardmore, Scorpio and Hafnia Tankers, plans to renew its fleet. Specifically, this means that the carrier will set aside USD 1.2 billion during the next three or four years to invest in new ships and improvements, according to Reuters.

D'Amico's newbuilding program currently stands at 16 eco-design vessels, including 10 MR tankers and six Handysize. 12 ships have yet to be delivered.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

ECSA's new secretary general balances on a razor's edge

ECSA’s newly appointed secretary general, Sotirs Raptis, has taken up the helm of an organization criticized by its own members for being invisible. In an interview with ShippingWatch, Raptis explains how he intends to alter that image.

Further reading

Related articles

Latest news

See all jobs