D'Amico Shipping 2015 profits $54.5 mn

(ANSA) - Milan, March 3 - D'Amico International Shipping, a market leader in the tanker sector, closed 2015 with a net profit of $54.5 million, its best result since 2009. Its base-time charter earnings in 2015 were $310.7 million, up from $212.5 million in 2014. "Thanks to a very favourable tanker market," said CEO Marco Fiori, "we reached a daily spot tariff of $18,814, corresponding to a year-on-year growth of 37%".
    According to Fiori, low oil prices have sent world consumption of oil up.
    The company has launched a growth plan by ordering 22 new sips at historically low prices.
    The group in 2015 recorded an EDITDA almost three times higher than 2014, as well as a positive operational cash flow of $68.5 million.