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19 October 2017 The on-line newspaper devoted to the world of transports 09:23 GMT+2



September 26, 2017

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Original news
d' Amico Tankers, contract of sale and lease back of product tanker the MR High Priority

Contratto with a society of the American Sun Shipping Special Opportunities Fund II

the company of navigation of Friend International Shipping (DIS), through operating controlled own of Tankers Friend, has signed with a society entirely controlled from the American Sun Shipping Special Opportunities Fund II LP an agreement for the sale and lease back of the High Priority, a ship medium range of gross capacity pairs to 46.847 tons and constructed in 2005 near Nakai Zosen (Japan). The understanding has a value of 13,0 million dollars.

the agreement allows with of Tankers Friend generating case for approximately 6,5 million dollars to clearly of the reimbursement of the existing debit, contributing to the strengthening of the position of liquidity of DIS in sight of the completion of own program of renewal of the fleet.

d' Amico Tankers will maintain to the full control of the High Priority graces to a contract of bare boat chartering of the duration five years, with obligation of purchase at the end of the fifth contract year. Moreover of Tankers Friend it has the option beginning from to buy back the ship according to year from its sale.

Currently fleet DIS comprises 55,5 tankers to double hull (MR and Handysize product tankers), of medium age pairs to 7,7 years, of which 27 ships of property, 25,5 to chartering and three in bare boat chartering. Moreover of Tankers Friend it has contracted in being with the South Korean Hyundai Mipo Dockyard Co. for the construction of six new tankers LR1 (Long Range) with delivery previewed between the last trimester of 2017 and 2018.

ABB Marine Solutions
Est Europea Servizi Terminalistici
Consorzio ZAI



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