D’Amico International Shipping (DIS) has continued to produce “robust” earnings, with management unconcerned over the potential unwinding of geopolitical boosts to product tanker demand.

The Milan-listed MR product tanker specialist said its net profit in the fourth quarter was $25.4m, against $43.5m in the same period of 2023.

MR demand hit could be imminent due to African shake-up, Gibson says
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Revenue dropped to $73.7m