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HomeMaritime NewsRegionsEuroped'Amico Tankers sells MR for $14.3m

d'Amico Tankers sells MR for $14.3m

d'Amico Tankers sells MR for $14.3m
d'Amico International Shipping (DIS) has sold and 11-year old MR product tanker for $14.3m and chartered the vessel back for six years.

DIS subsidiary d'Amico Tankers has signed a Memorandum of Agreement to sell the 2006-built, 48,700 dwt High Prosperity to an undisclosed buyer. d'Amico Tankers will time charter the vessel from the buyer for six years at what it described as a “competitive rate”.

DIS said the deal would have a $6.9m net cash positive effect for its tanker arm

The sale of High Prosperity is in line with DIS’ long term strategy of maintaining a young owned fleet, through the replacement of some of our older vessels with the newbuildings we have ordered in the recent years,” said Marco Fiori, ceo of DIS.

TAGS: Tankers Finance & Insurance Regions
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