EuropeTankers

D’Amico pounces on another leased MR tanker

Italy’s d’Amico International Shipping (DIS) has declared a purchase option on another bareboat chartered-in MR product tanker.

The Milan-listed owner is taking back the 2014-built High Freedom, estimated by VesselsValue as worth $34.2m, for a price tag of around $20.1m.

Built by Hyundai Mipo in South Korea, the 49,000 dwt vessel which was sold and leased back in 2018, will change hands in April this year.

Paolo d’Amico, chairman and CEO of DIS, said the company with a fleet of 36 product tankers, plans to keep the ship debt-free for the time being.

The deal follows the $20.8m purchase option for the 2014-built 45,999 dwt MR High Voyager, d’Amico exercised in December last year.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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