D'Amico Group sells tanker for 14.2 mn dollars

(ANSA) - Milan, October 10 - Marine transport company D'Amico Tankers Dac, an Irish subsidy of D'Amico International Shipping, has signed an agreement for the sale of its medium-range oil products tanker vessel, MT High Prosperity, for 14.245 million dollars, the D'Amico Group said.
    The ship has a deadweight of 48,700 tonnes and was built in 2006 by Imabari Shipbuilding in Japan.
    The sale will allow D'Amico Tankers to generate a net cash effect of about 6.9 million dollars.
    "Through this agreement, we will retain commercial control of the vessel at a competitive time-charter rate for the next six years, allowing us to benefit from the expected recovery in the product tanker market," said D'Amico International Shipping CEO Marco Fiori.