D’amico gets rid of its oldest tanker for $27.4m

Italian owner d’Amico International Shipping has sold its 47,162 dwt MR product tanker vessel Glenda Melanie for a consideration of $27.4m.

The vessel was built in 2010 by Hyundai Mipo in South Korea and is the oldest vessel in d’Amico Tankers-owned and bareboat chartered-in fleet. At the delivery of the vessel, the company will generate around $20.5m in cash, net of commissions and the reimbursement of the vessel’s existing bank loan.

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