{"id":28255,"date":"2021-12-03T02:53:57","date_gmt":"2021-12-02T23:53:57","guid":{"rendered":"https:\/\/www.al-sindbad.net\/damico-offloads-ageing-product-tanker\/28255\/"},"modified":"2021-12-03T02:53:57","modified_gmt":"2021-12-02T23:53:57","slug":"damico-offloads-ageing-product-tanker","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/damico-offloads-ageing-product-tanker\/28255\/","title":{"rendered":"D\u2019Amico offloads ageing product tanker"},"content":{"rendered":"<p><\/p>\n<div class=\"entry-content entry clearfix\">\n<div class=\"mailmunch-forms-before-post\" style=\"display: none !important;\"><\/div>\n<p>Italy\u2019s d\u2019Amico International Shipping has sealed an agreement to sell 2006-built MR product tanker <span style=\"color:#00adeb;\" class=\"mt_tooltip\" data-mturl=\"\/en\/ais\/details\/ships\/shipid:753718\/mmsi:636012864\/vessel:753718\" data-mmsi=\"636012864\" data-imo=\"9365817\" data-dwt=\"51088\" data-yob=\"2006\" data-typename=\"Oil\/Chemical Tanker\" data-typecolor=\"8\" data-countrycode=\"LR\" data-country=\"Liberia\" data-info=\"Oil\/Chemical Tanker [LR]\" data-photourl=\"https:\/\/www.al-sindbad.net\/file\/2021\/12\/DAmico-offloads-ageing-product-tanker.aspx.jpeg\" data-assetname=\"HIGH VENTURE\" data-assettype=\"Vessel\">High Venture<\/span> for $10.7m.<\/p>\n<p>The company\u2019s Irish subsidiary d\u2019Amico Tankers will deliver the vessel to its new owners between November and December 2021, netting around $8m in cash after commissions and reimbursement of the vessel\u2019s bank loan.<\/p>\n<p>VesselsValue lists the buyer as India\u2019s Seven Islands Shipping.<\/p>\n<div class=\"mailmunch-forms-in-post-middle\" style=\"display: none !important;\"><\/div>\n<p>Paolo d\u2019Amico, chairman and CEO of d\u2019Amico, commented: \u201cI am pleased to announce the sale of MT <em>High Venture<\/em>, a 2006-built MR vessel and one of the oldest ships in our fleet. Through this deal we continue to pursue our long-term strategy of controlling a very young and mainly \u2018Eco\u2019 product tanker fleet. In addition, this vessel disposal will further strengthen our liquidity position through a net cash generation of approximately US$ 8.0 million.\u201d<\/p>\n<p>D\u2019amico currently has a fleet 38 product tankers of which 20 are owned, 10 chartered-in and eight bareboat chartered-in. Last year, the company completed a series of deals to offload several older vessels from its fleet.<\/p>\n<div class=\"mailmunch-forms-after-post\" style=\"display: none !important;\"><\/div>\n<div class=\"stream-item stream-item-below-post-content\">\n<div id=\"div-gpt-ad-1_95_0_1_2\"> <script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); });<\/script> <\/div>\n<\/div>\n<div class=\"post-bottom-meta post-bottom-tags post-tags-modern\">\n<div class=\"post-bottom-meta-title\">\n<span class=\"tie-icon-tags\" aria-hidden=\"true\"><\/span> Tags<\/div>\n<p><span class=\"tagcloud\"><a href=\"https:\/\/splash247.com\/tag\/italy\/\" rel=\"tag\">Italy<\/a><\/span>\n<\/div>\n<\/div>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Italy\u2019s d\u2019Amico International Shipping has sealed an agreement to sell 2006-built MR product tanker High Venture for $10.7m. The company\u2019s Irish subsidiary d\u2019Amico Tankers will deliver the vessel to its new owners between November and December 2021, netting around $8m in cash after commissions and reimbursement of the vessel\u2019s bank loan. VesselsValue lists the buyer &hellip;<\/p>\n","protected":false},"author":1,"featured_media":25333,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58],"tags":[],"class_list":["post-28255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tanker-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/28255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=28255"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/28255\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/25333"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=28255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=28255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=28255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}