d’AMICO Internationals announces the sale and lease back of one of it SMR vessels

d’ A mico International Shipping S.A., an international marine transportation company operating in the product tanker market, announces that its operating subsidiary d ’A mico Tankers D.A.C. (Ireland) ( “d ’Amico Tankers”) signed a memorandum of agreement and bareboat charter contract for the sale and leaseback of the MT High Discovery, a 49.990 dwt medium - range product tanker vessel, built in 2014 by Hyundai - Mipo, South Korea for a consideration of US $ 28.0 million.This transaction allows d’Amico Tankers to generate around US $ 10.7 million in cash.