d’Amico Inks Sale Deal Generating Net Cash of US$ 16.3 Million

d’AMICO International Shipping S.A. announces the sale of two of its oldest MR vessels, generating net cash of approximately US$ 16.3 Million, says a press release published on their website.

What is in the Memorandum of Agreement?

International marine transportation company d’Amico International Shipping S.A. (DIS), operating in the product tanker market, announces that its operating subsidiary d’Amico Tankers D.A.C. (Ireland) (“d’Amico Tankers”), signed a memorandum of agreement for the sale...


Norden Focuses on Fleet Optimization To Increase Agility

Norden has sold 1 Handysize tanker, which was delivered to her new owners in late November 2019, says a press release published on their website.

Purchase of MR tankers

On the back of this sale, the company purchased 2 MR tankers, which were delivered in end-December 2019.

With an ambition to continuously optimise the company’s owned fleet portfolio, NORDEN continues to be active within the sale and purchase of vessels. Add to this the positive outlook for tankers, where NORDEN expects a continued...