d'Amico Tankers D.A.C. (Ireland), operating subsidiary of d'Amico International Shipping, has ordered the shipyard Chinese Jiangsu New Yangzi Shipbuilding Co. the construction of two Long Range tankers of 75,000 deadweight tons at a Contract price of $55.4 million each. It is expected that whereas the two new tankers will be taken over in September and November 2027.

To date, the DIS fleet includes 34 double-hulled tankers (MR, Handysize and LR1, of which 26 owned vessels, five at and three bareboat charters), with an average age on bareboat owned and chartered vessels equal to 8.8 years.

Highlighting that the order will further strengthen the presence of DIS in the LR1 segment, reaching a total of eight of these ships in its fleet, the Chairman and Managing Director delegate of d'Amico International Shipping, Paolo d'Amico, "This market segment will continue to to offer attractive returns in the coming years. In fact - it has Explained - On the one hand, the Product Tanker Orderbook is still rather small, particularly for this segment of vessels, and on the other hand, the structural process of capacity reallocation refining away from some of the world's most important refining areas. consumption will continue to stimulate demand measured in tonne-miles and is expected to further benefit LR1 vessels, which are already in high demand by our customers at the moment."