Product tanker specialist d’Amico International Shipping (DIS) is planning to sell older vessels after completing its large newbuilding programme.
Since 2012, the Milan-listed shipowner has ordered seven LR1s, 10 MRs and six handysize vessels for $755m to renew its fleet.
The average age of DIS’s fleet has now been reduced to 6.5 years old after the last ship in the programme, a scrubber-fitted LR1, was delivered in October.
