Korea-based Hyundai Mipo Dockyard (HMD) has secured an order worth $73.2m from d’Amico Tankers, an Ireland-based subsidiary of d’Amico International Shipping (DIS), for the construction of two new Eco design tankers.

The 50,000dwt Handysize vessels will be built by HMD’s affiliate in Vietnam, based on advice given by d’Amico Group marine engineers.

The Eco design will allow the tankers to save around 6t to 7t of fuel a day, compared with other designs. It will also offer greater flexibility in the types of products transported, with capability for nine different cargoes.

DIS CEO Marco Fiori said their new-building strategy is going to be a key point this year.

"DIS is constantly showing its strong ability to be not only more competitive at an international level, but also to perfectly understand the needs of a changing market." 

"By adding new vessels able to carry different products simultaneously and safely, and by holding the costs down and ensuring a reduced environmental impact, DIS is constantly showing its strong ability to be not only more competitive at an international level, but also to perfectly understand the needs of a changing market," Fiori said.

The vessels are expected to be delivered at the end of 2016.

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By GlobalData

d’Amico Tankers fleet currently includes 40.5 double-hulled tankers with an average age of about 5.6 years, including four Eco design new-building vessels that were delivered in January and February.

d’Amico Tankers and HMD have signed for an additional nine Eco design product tanker shipbuilding contracts, which include five MR and four Handysize vessels.

DIS also has one vessel under construction at HMD that is being built in joint venture with Venice and Shipping Logistics.