Two new launches in Vietnam: d’Amico International Shipping flies the Italian flag in Southeast Asia

Consul General Carlotta Colli attends the delivery of the eco-ships at Hyundai Vinashin Shipyard

Rome, 25 May2016

d’Amico International Shipping S.A. (Italian Stock Exchange: DIS), a leading international marine transportation company operating in the product tanker market, launched two new eco-ships at the Hyundai Vinashin Shipyard Co. Ltd – Vietnam in the presence of the Consul General of Italy in Ho Chi Minh City, Carlotta Colli.

“Today’s launch and the ambitious plans of d’Amico International Shipping here in Vietnam are a further concrete expression of the vitality of the partnership between our two countries and the bilateral cooperation in the economic sector that is proceeding full steam ahead now more than ever”, stated the Consul General Colli. “As sponsor, I am honoured to witness the quality and innovation that characterise these eco-ships and that have always made d’Amico International Shipping stand out on a global scale.”

“For our company, Vietnam is a strategic partner that confirms our fifteen-year presence in Southeast Asia”, stated Paolo d’Amico, President of d’Amico International Shipping. “In this context, Hyundai Vinashin shipyard represents a fixed point of reference, synonymous of high quality, environmental awareness and energy savings. The proximity and participation of Italian institutions and the presence of leading representatives from Asian businesses at this event makes us proud to fly the Italian flag around the world.”

Cielo di Capri and Cielo di Hanoi are both 39,000 dwt Handysize Product Tankers, 184 metres long and 27.4 metres wide, with the only difference being that the first is an Ice Class. These two eco ships are a part of the significant 755 million dollars investment plan that DIS launched in 2012.

H.O. Park, wife of the President and CEO of Hyundai Vinashin Shipyard, Mr Song, is sponsor of Cielo di Capri, while Consul General Colli “christened” Cielo di Hanoi, in a symbolic exchange representing the fruitful cooperation and friendship between Vietnam and Italy.

The ceremony – held on 16 May – was also attended by the President and CEO of the Hyundai Mipo Dockyard, Hwan-Goo Kang, and by representatives of the financial institutions that supported d’Amico International Shipping in the construction of the eco ships.

d’Amico International Shipping S.A. is a subsidiary of d’Amico Società di Navigazione S.p.A., one of the world’s leading privately owned marine transportation companies, and operates in the product tankers sector, comprising vessels that typically carry refined petroleum products, chemical and vegetable oils. d’Amico International Shipping S.A. controls, through its controlled subsidiary namely d’Amico Tankers Limited, Dublin, either through ownership or charter arrangements,, a modern, high-tech and double-hulled fleet, ranging from 35,000 and 75,000 deadweight tons. The Company has a history and a long tradition of family enterprise and a worldwide presence with offices in key market maritime centres (London, Dublin, Monaco and Singapore). The company’s shares are listed on the Milan Stock Exchange under the ticker symbol “DIS”.

d'Amico International Shipping press release