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d’Amico International Shipping S.A. Delivered Strong Results In The Third Quarter And The First Nine Months Of 2026

The Board of Directors of d’Amico International Shipping S.A., a leading international marine transportation company operating in the product tanker market, today examined and approved the Company’s Third Interim Management Statements as at September 30, 2026 (Q3 and 9M 2026 consolidated financial results). MANAGEMENT COMMENTARY Carlos Balestra di Mottola, Chief Executive Officer of d’Amico…

d’Amico International Shipping S.A., a prominent international marine transportation company, reported robust financial results for the third quarter and first nine months of 2026. The company's CEO, Carlos Balestra di Mottola, highlighted a significant increase in net profits, with US$ 27.8 million and US$ 107.2 million for Q3 and 9M 2026, respectively, compared to US$ 24.3 million and US$ 62.8 million in the same periods of 2025.

Additionally, the average daily spot TCE rate reached US$ 34,940 in Q3 2026 and US$ 41,094 in the first nine months of 2026, indicating a 37% and 75% increase, respectively, compared to 2025.

Brief written by urgent.news from Hellenic Shipping News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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Singapore fuel oil stocks inch up 3% coming into November

Singapore’s residual fuel oil stocks have averaged 3% higher so far in November than across October, Enterprise Singapore’s latest data shows.

  • Singapore's residual fuel oil stocks rose by 3% in November.
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