d'Amico International Shipping

d’Amico reports a Q1 2026 net profit of USD 27.5m, an increase of 45.6% year-on-year, driven by historically high product tanker rates due to the Iran conflict and extended sanctions. The average spot TCE rate rose to USD 32,264/day, 81% of ship days for Q2 are already fixed at attractive rates, and the modern fleet and high eco-design share strengthen the competitive position. EBITDA, operating cash flow and fleet market value increased markedly; the balance sheet remains strong with a low net financial position relative to fleet value. Risks persist from higher operating costs, volatile oil demand and the regulatory environment. » Mais em de.investing.com

d’Amico recorded a net profit of USD 88.4 million for 2025, 53% below the prior year, but showed the strongest quarter of the year with USD 25.6 million in Q4. The company significantly reduced net financial debt to −USD 27.4 million and holds USD 183.9 million in cash, while pursuing an aggressive fleet renewal with newbuilding commitments of about USD 512.3 million. 93% of the fleet complies with eco-design standards; for Q1 2026 roughly 98% of days are covered at an average of USD 26,818 per day. d’Amico expects a net result for 2026 between USD 79.8 million and USD 98.8 million, depending on spot rates, and stresses operational discipline despite market volatility. » Mais em de.investing.com