Luxembourg – d’Amico International Shipping S.A (DIS), a leading international shipping company in the dry cargo and product tankers sectors, announces that its operating subsidiary d’Amico Tankers has signed an agreement for the sale of the tanker Glenda Meryl, an ‘MR’ with a gross tonnage of 47,200 tonnes, built in 2011 at Hyundai Mipo (South Korea), for a total amount of 19.5 million dollars, with delivery to the buyers scheduled by the end of December 2025.
Thanks to this agreement, d’Amico Tankers will divest the oldest vessel within its fleet, generating approximately 14.5 million dollars in cash, net of commissions and the repayment of the existing bank debt.
To date, the DIS fleet comprises 31 double-hull tankers (MR, Handysize and LR1, of which 29 owned vessels and 2 bareboat chartered), with an average age of the owned and bareboat chartered vessels of approximately 9.7 years.
Carlos di Mottola, Chief Executive Officer of d’Amico International Shipping, stated: «I am pleased to announce the achievement of an agreement for the sale of the MT Glenda Meryl, a vessel built in 2011 and the oldest in our fleet. With this transaction, together with the sale of two of its sister ships during the year, the share of “eco-design” vessels in our total fleet will reach 93% by the end of 2025. This result represents a significant step in the implementation of our strategy, which aims at managing a modern and fuel-efficient fleet, supporting both our sustainability and profitability goals.»
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