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Home International Customs

D’Amico orders 2 more LR1 product tankers worth of $44m from Hyundai Mipo

byCustoms Today Report
11/06/2015
in International Customs
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ATHENS: D’Amico Tankers (Ireland) has ordered two more 75,000-dwt LR1 product tankers from Hyundai Mipo Dockyard Co for $44 million each.

The vessels will be built at the Hyundai Vinashin Shipyard in Vietnam, and will be constructed to a fuel-efficient “eco” specification, parent company d’Amico International Shipping said today. Delivery of the ships is expected in the second half of 2017 and in the first three months of 2018. The LR1 newbuildings will be similar in design to the three LR1 tankers the company ordered in April from the same shipyard, which heralded the Italian owner’s entry into the LR1 market.

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“This investment is fully in line with DIS’ strategy to modernise its fleet through newbuildings with eco innovative design and will also strengthen our presence in what I see as a very promising segment (LR1–75,000 dwt) within the product tanker market,” Marco Fiori, CEO of d’Amico International Shipping.

Tags: D’Amicoorders

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