Tanker operator d'Amico International Shipping announced that its subsidiary, d'Amico Tankers, secured a two-year time charter agreement for one of its MR2 vessels.
The contract was signed with an undisclosed oil major at what the company described as a "highly profitable" daily rate.
Following the agreement, d'Amico estimated its forward contract coverage for the second half of 2026 at 53 per cent of available vessel days, fixed at a daily time charter equivalent rate of approximately $23,700.
For the full year of 2027, coverage is projected at 27 per cent of available days at a daily rate of about $23,751, falling to two per cent of days for 2028 at an estimated $25,639 per day.
Chief Executive Officer Carlos di Mottola explained that the agreement aligns with a commercial strategy to selectively secure time-charter opportunities and improve long-term earnings visibility.
He added that the spot market is expected to remain strong over the coming quarters, with the charter length and rate indicating a constructive medium-term outlook.