D’Amico International Shipping has disposed of the oldest product tanker in its owned and bareboat chartered-in fleet of 35 vessels.
An agreement was signed to divest the 47,200-dwt Glenda Melanie (built 2010) for $27.4m, the Milan-listed company said.
Net of commissions and debt repayments, the transaction will generate a cash infusion of $20.5m
