Italy's d’Amico International Shipping (DIS) is cutting its finance costs with a move to buy back an MR tanker offloaded in a leaseback transaction four years ago.
The Milan-listed shipowner said it had exercised a purchase option for the 47,000-dwt High Priority (built 2005) at a price of $9.7m.
VesselsValue assesses the tanker as worth $9.5m.
