Genoa, Italy (PortSEurope) October 20, 2017 – d’Amico International Shipping plans to invest $131 million (€111 million) in the construction of its first three Long-range 1 (LR1) tankers with a weight of 75,000 tonnes each.
The company has ordered the construction of the ships at the Hyundai-Vinashin Co Ltd shipyards in Vietnam. Under the project, Italian engineers have collaborated in developing the design of the vessels which will be capable of transporting a greater volume of cargo with lower carbon-dioxide (CO2) emissions.
At the same time, the new ships will have a similar draft to those of smaller vessels, in order to take advantage of the new routes launched by the expansion of the Panama Canal.
“Vietnam becomes the shipbuilding hub of our fleet. The partnership with Hyundai-Vinashin allows us to work in a close synergy with the shipyards adopting innovative solutions,” the president of D’Amico International Shipping said.
d’Amico International Shipping S.A. (DIS) is the d’Amico division operating in the product tanker sector. It has a modern fleet specialized in the transport of refined petroleum products, serving the main petroleum companies and trading companies. Endorsing MARPOL/IMO regulations, the Company can also transport vegetable oil and other chemical products.
Hyundai-Vinashin Shipyard Co Ltd provides ship-repair, conversion, and offshore field services. It also builds bulk carriers. Hyundai-Vinashin Shipyard Co., Ltd. operates as a joint venture between Hyundai Heavy Industries Co. Ltd. and Vietnam Shipbuilding Industry Corporation.
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