Italian owner d’Amico International Shipping has signed a shipbuilding contract with Jiangsu New Yangzi Shipbuilding for the purchase of two new LR1 product tankers. The order was placed by the Italian firm’s Irish subsidiary, d’Amico Tankers. The price for each 75,000 dwt vessel will be $55.4m. According to the company, the two newbuilds are expectedRead More
GSI Norwegian owner and sale and leaseback player Ocean Yield has struck a deal with New York-listed petrochemicals firm Braskem to buy a quartet of LR1 product carrier newbuildings backed by 15-year bareboat charters with a dayrate linked to vessel’s carbon emissions. “To the company’s knowledge, this is the first sustainability-linked transaction in the maritimeRead More
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