Italy's d’Amico International Shipping (DIS) is envisaging more period charters to secure future cash flows despite healthy spot earnings.
In its quarterly update, the Milan-listed product tanker spin-off of d’Amico Societa di Navigazione presented a rosy outlook but admitted the existence of some downside risks.
“Whilst still benefitting from this strong spot market, we would like to maintain a balanced approach moving forward,” DIS chairman and chief executive Paolo d’Amico said.
