Italy-based product tanker owner d’Amico International Shipping has expanded its charter coverage through a series of fresh time charter agreements, reinforcing earnings visibility amid ongoing volatility in the tanker market.
The company said the new deals cover multiple vessels within its fleet and are aimed at securing stable cash flows over the medium term. By locking in employment at firm rates, d’Amico is positioning itself to balance exposure between the spot and time charter markets, while mitigating risks linked to fluctuating freight rates.
Market conditions in the product tanker segment have remained relatively firm, supported by shifting trade flows, refinery dislocations, and continued tonne-mile demand. Against this backdrop, d’Amico’s latest charter fixtures are expected to enhance revenue predictability while maintaining operational flexibility.
The company has consistently followed a strategy of selectively fixing vessels on time charter when market conditions are favourable, allowing it to capture upside in stronger cycles while safeguarding downside risk during softer phases.
Industry analysts note that securing additional charter cover is a prudent step as geopolitical uncertainties and macroeconomic factors continue to influence freight markets. With the latest agreements in place, d’Amico strengthens its earnings profile while retaining exposure to potential market improvements.