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.
BY LOUISE VOGDRUP-SCHMIDT

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.

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