Italy’s d’Amico International Shipping (DIS) was extending front cover for its fleet in the second quarter even as its spot results were the best in 12 years.
In its quarterly report, the Milan-listed product tanker owner said 62.6% of its fleet’s employment days were covered by time charters, up from 48% in the same period of last year.
This was despite the DIS vessels in the spot trade achieving daily earnings of $25,118 between April and June, the highest since 2018.
