Destination: Montreal, Canada
From: Milford Haven, UK

https://www.offshore-energy.biz/damico-continues-offloading-mr-tanker-oldies-to-keep-fleet-young/
November 10, 2021, by Ajsa Habibic

d’Amico Tankers, operating subsidiary of Italian marine transportation company d’Amico International Shipping (DIS), has signed a memorandum of agreement for the sale of one of its oldest MR vessels to make place for eco ships in its fleet.

MT High Venture, a 51,087 dwt MR product tanker vessel, built in 2006 by South Korean STX, will be sold for a consideration of $10.7 million to an undisclosed buyer.

As reported, the transaction allows d’Amico Tankers to generate at the delivery of the vessel, expected to occur between November 2021 and December 2021, around $8 million in cash, net of commissions and reimbursement of the vessel’s existing bank loan.