d’Amico Takes Purchase Option On MT High Voyager

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d’Amico International Shipping S.A. announced that its operating subsidiary d’Amico Tankers exercised its purchase option on the existing bareboat charter-in contract for the MT High Voyager, a 45,999 dwt medium-range product tanker vessel built in November 2014 by Hyundai Mipo, South Korea, for a consideration of US$ 20.8 million. d’Amico Tankers expects to acquire ownership of the Vessel effective January 25, 2023.

As of today, DIS’ fleet comprises 36 double-hulled product tankers (MR, Handysize and LR1, of which 19 owned, 9 chartered-in and 8 bareboat chartered-in) with an average age of about 7.6 years for its owned and bareboat chartered-in vessels.

Paolo d’Amico, Chairman and Chief Executive Officer of d’Amico International Shipping, stated: “I’m pleased to announce the exercise of our purchase option on MT High Voyager, a modern Eco-MR vessel built by a top-quality Korean yard in 2014, that we sold and leased back in 2019 to a reputable Japanese counterparty. Through this deal, DIS continues to implement its deleveraging plan and to lower its breakeven, as we intend to keep this vessel debt-free, at least for the time being.”

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