D'Amico hit by low product market in 1st half of 2014

Italian d'Amico International Shipping, with a fleet of around 40 product tankers, suffered a deficit of USD 5.5 million in the first half of the year.

BY OLE ANDERSEN

Product tanker carrier d'Amico International Shipping (DIS), which owns a series of eco-design vessels, saw its net result dive to just USD 1.4 million in the 2nd quarter, compared to USD 13.9 million in the same period last year. The carrier finished the first half of the year with a combined deficit of USD 5.5 million, compared to a USD 17.7 million profit in the 1st half of 2013.

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D'Amico hit by low product market in 1st half of 2014

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D'Amico boosts its eco-design tank fleet again

D'Amico in new major Chinese bulk ship order

d'Amico quarter results point to improvements in product tank

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Front page now

Lidl's shipping company makes changes to get more customers in store

Professionals: Shipping has a bad image and struggles to attract women

Less freight risks mass layoffs at major UK port

Star Bulk buys back own shares from Oaktree Capital

Russia's new ban could send more countries on a frantic hunt for diesel

Shanghai to set up first pan-Pacific green corridor with Los Angeles

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

A simple reason could explain low dry bulk rates despite good demand

Dubai challenges Singapore as shipping's favorite city

Opinion: Europe's key ports have become better connected after Covid

Cosco to build production chain for green methanol

Russia’s diesel ban threatens to roil global markets – if it lasts

Further reading

Lidl's shipping company makes changes to get more customers in store

Dubai challenges Singapore as shipping's favorite city

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

Shanghai to set up first pan-Pacific green corridor with Los Angeles

A simple reason could explain low dry bulk rates despite good demand

Hapag-Lloyd rolls out Starlink internet to entire fleet

Jobs