- Italian Shipowner d’Amico Dry has announced an addition to its fleet with the acquisition of a 2017-built Oshima post-Panamax bulker.
- The 88,000 dwt vessel is a sister ship of d’Amico’s Medi Serapo and Medi Ginevra and is likely Cobelfret’s Lowlands Light which was reported sold by brokers late December for $32.8m.
- VesselsValue estimates the ship’s current market value at $34.83m.
d’Amico Dry, an Italian shipowner, has announced the addition of a 2017-built Oshima post-Panamax bulker to its fleet as reported by d’Amicoship.
Bulker sale
The yacht, which will be dubbed Medi Amalfi, was not identified by the firm. The 88,000-dwt ship is a sister ship of d’Amico’s Medi Serapo and Medi Ginevra and is most likely Cobelfret’s Lowlands Light, which was purportedly sold for $32.8 million by brokers late last month. The ship’s current market value is estimated to be $34.83 million by VesselsValue.
D’Amico also announced the sale of the Chinese handysize bulker Cielo di Virgin Gorda, which was built in 2015. According to VesselsValue, the vessel was sold to Oldendorff of Germany for $22.75 million.
Acquisition reaffirmation
“Medi Amalfi, the sister ship of Medi Serapo and Medi Ginevra, was built in Japan, whose shipyards have always been at the forefront from a technological and engineering standpoint, and where d’Amico has had a large part of its next-generation vessels built,” Cesare d’Amico, CEO of d’Amico Dry, said. This acquisition reaffirms our position as one of the most innovative and youthful fleets, as well as our dedication to achieving even greater levels of safety, environmental responsibility, and performance. The dry bulk market had a really good year in 2021, therefore we’re optimistic about 2022 and ready to take advantage of fresh chances.
Prevalent design
“We strongly believe in the post-Panamax design and in recent years our main charterers have also appreciated its increased load capacity and exceptional drought characteristics. We expect this design to become the most prevalent in the years to come. Moreover, in recent years, the limited number of orders for new dry bulk ships demonstrates the preference of various shipowners for post-Panamax vessels rather than kamsarmax, which is also our opinion.”
D’Amico Dry Currents has a fleet of roughly 50 ships, 20 of which are owned by the company.
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Source: d’Amicoship
