{"id":9146,"date":"2020-05-04T04:02:29","date_gmt":"2020-05-04T01:02:29","guid":{"rendered":"https:\/\/www.al-sindbad.net\/damico-and-glencore-offload-product-tanker\/9146\/"},"modified":"2020-05-04T04:02:29","modified_gmt":"2020-05-04T01:02:29","slug":"damico-and-glencore-offload-product-tanker","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/damico-and-glencore-offload-product-tanker\/9146\/","title":{"rendered":"D\u2019Amico and Glencore offload product tanker"},"content":{"rendered":"<p><\/p>\n<p>Glenda International Shipping, a joint venture between d\u2019Amico Tankers and Glencore, has sold 2010-built MR product tanker <span style=\"color:#00adeb;\" class=\"mt_tooltip\" data-mturl=\"\/en\/ais\/details\/ships\/shipid:754745\/mmsi:636014450\/vessel:754745\" data-mmsi=\"636014450\" data-imo=\"9494668\" data-dwt=\"46147\" data-yob=\"2010\" data-typename=\"Oil\/Chemical Tanker\" data-typecolor=\"8\" data-countrycode=\"LR\" data-country=\"Liberia\" data-info=\"Oil\/Chemical Tanker [LR]\" data-photourl=\"https:\/\/photos.marinetraffic.com\/ais\/showphoto.aspx?shipid=754745\" data-assetname=\"GLENDA MEREDITH\" data-assettype=\"Vessel\">Glenda Meredith<\/span><img decoding=\"async\" style=\"display:none\" src=\"https:\/\/photos.marinetraffic.com\/ais\/showphoto.aspx?shipid=754745\"> for $19m.<\/p>\n<p><\/p>\n<p>The sale will see the jv company generate around $18.8m in cash, having fully reimbursed the vessel\u2019s loan in October 2019.<\/p>\n<p><\/p>\n<p>Paolo d\u2019Amico, chairman and CEO of d\u2019Amico International Shipping, commented: \u201cI am very pleased to announce that Glenda International Shipping, our 50\/50 jv with the Glencore Group, just sold this 2010-built MR vessel, generating a positive net cash effect of about $18.8m for this company, since we had already reimbursed the vessel\u2019s bank loan back in October 2019. This deal, in addition to the one concluded at the end of last year for a similar vessel, is also perfectly in line with our long-term objective of controlling a very modern and young product tanker fleet.\u201d<\/p>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Glenda International Shipping, a joint venture between d\u2019Amico Tankers and Glencore, has sold 2010-built MR product tanker Glenda Meredith for $19m. The sale will see the jv company generate around $18.8m in cash, having fully reimbursed the vessel\u2019s loan in October 2019. Paolo d\u2019Amico, chairman and CEO of d\u2019Amico International Shipping, commented: \u201cI am very &hellip;<\/p>\n","protected":false},"author":1,"featured_media":9147,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58],"tags":[89,3380,3224,1945,897],"class_list":["post-9146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tanker-news","tag-damico","tag-glencore","tag-offload","tag-product","tag-tanker"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/9146","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=9146"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/9146\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/9147"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=9146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=9146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=9146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}