d’Amico International Shipping Expands Fleet with New MR2 Tanker Orders

Italian shipping giant d’Amico International Shipping (DIS) has confirmed a further expansion of its fleet renewal strategy, announcing the exercise of options for two additional MR2 product tankers. The order, placed through its subsidiary d’Amico Tankers, continues the company’s long-standing partnership with China’s Jiangsu New Yangzi Shipbuilding.

Strategic Investment in Fleet Modernization

The two 50,000 dwt vessels come with a price tag of $45.4 million each. This latest move follows an initial agreement signed earlier this year and brings the total number of vessels currently in the company\'s global orderbook to ten. Deliveries for these specific MR2 units are scheduled for August and October 2029.

By exercising these options ahead of schedule, DIS has also secured further flexibility for its future growth. The company now holds additional options for two more vessels of the same design, which remain valid until the end of March, albeit at a slightly adjusted price point.

Focus on Efficiency and Sustainability

A core driver behind this capital expenditure is the maritime industry’s ongoing transition toward greener operations. Carlos di Mottola, CEO of d’Amico International Shipping, emphasized that these newbuildings are central to maintaining a competitive, fuel-efficient fleet. According to technical specifications, these new MR2s are project to offer:

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• Approximately 17% lower fuel consumption compared to existing eco-design vessels.
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• Optimized performance at standard engine loads and drafts.
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• Compliance with the latest international environmental regulations.
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Current Fleet and Future Outlook

d’Amico currently operates a robust fleet of 29 product tankers, consisting of 27 owned vessels and two under bareboat charter. With the addition of these new contracts, the company’s future pipeline is diversified across several segments:

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• Four LR1 tankers scheduled for delivery in 2027.
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• Two MR1 tankers arriving in 2029.
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• Four MR2 tankers (including the latest order) arriving in 2029.
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This aggressive expansion into Chinese shipyards underscores DIS’s commitment to long-term scalability and operational excellence in the global product tanker market.