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d'Amico International Shipping S.A. — Capital/Financing Update 2026
Mar 10, 2026
9964_rns_2026-03-10_dda8cfc1-d732-46da-b1dc-ca42bfc4b420.pdf
Capital/Financing Update
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d'Amico INTERNATIONAL SHIPPING S.A.
PRESS RELEASE
d'AMICO INTERNATIONAL SHIPPING S.A.
SIGNED NEW LOAN FACILITIES
SIGNIFICANTLY REDUCING ITS AVERAGE COST OF DEBT
Luxembourg – March 10th, 2026 – d'Amico International Shipping S.A. (Borsa Italiana: DIS.IM; OTCQX Best Market: DMCOF) (the “Company” or “DIS”), an international marine transportation company operating in the product tanker market, announces that its operating subsidiary d'Amico Tankers D.A.C. (Ireland) (“d'Amico Tankers”), has recently entered into new facilities relating to six of its owned vessels for a total amount of US$ 83.0 million, with margins over the three-month SOFR ranging from 130bps (for the most recently signed facility) to 150bps, and an average margin of 1.42%.
As of today, DIS’ fleet comprises 29 double-hulled product tankers (MR, Handysize and LR1, of which 27 owned, and 2 bareboat chartered-in) with an average age of about 9.6 years.
Carlos di Mottola, Chief Executive Officer of d'Amico International Shipping, stated:
“I am pleased to announce that, thanks to the strength of our financial structure, the improvement in our credit profile and the strong market outlook, DIS has been able to refinance part of its existing debt, entering into new loan agreements at very attractive margins over SOFR. I am particularly pleased that almost all these transactions were concluded with our longstanding relationship banks, which have supported the Company through several market cycles over many years. I would like to thank all our banking partners and financiers who have stood by us through both challenging and favorable times and who have played a key role in the success we are achieving today.”
Federico Rosen, Chief Financial Officer of d'Amico International Shipping, stated:
“I am pleased to announce that DIS has been able to refinance a substantial portion of its debt on very attractive terms, reflecting the financial strength achieved by our Company. Through the drawdown of new facilities totaling US$83.0 million at a historically low margin over SOFR, DIS has reduced its weighted average margin to 1.62% as at the beginning of March 2026, increased the average remaining debt maturity from 3.3 years to 4.9 years over the same period, and reduced total bank debt maturing in 2027 from US$67.3 million to US$10.9 million, thereby further strengthening our financial flexibility and refinancing profile. These transactions also consolidate our longstanding relationships with our core banking partners, whom I would like to thank for their continued support over many years and business cycles.”
From today this press release is available on the investor relations section of DIS’ website, filed with the CSSF, disclosed through the e-market SDIR circuit, and stored at Borsa Italiana S.p.A. through the e-market STORAGE system and at Société de la Bourse de Luxembourg S.A. in its quality of OAM.
d'Amico International Shipping S.A. is a subsidiary of d'Amico Società di Navigazione S.p.A., one of the world's leading privately-owned marine transportation companies, and operates in the product tankers sector, comprising vessels that typically carry refined petroleum products, chemical and vegetable oils. d'Amico International Shipping S.A. controls, through its fully-owned subsidiary, d'Amico Tankers D.A.C., Dublin, either through ownership or charter arrangements, a modern and double-hulled fleet, ranging from 35,000 to 75,000 deadweight tons. The Company has a long history of family enterprise and a worldwide presence with offices in key maritime centers (London, Dublin, Monaco, Stamford and Singapore). The Company's shares are listed on the Milan Stock Exchange under the ticker symbol "DIS.MI" and are traded also on the OTCQX Best Market in the US, under the ticker symbol "OTCQX: DMCOF".
Anna Franchin, Investor Relations Manager
Tel: +35 2 2626292901
Tel: +37 7 93105472
d'Amico
INTERNATIONAL SHIPPING S.A.
E-mail: [email protected]
Capital Link
New York - Tel. +1 (212) 661-7566
London - Tel. +44 (0) 20 7614-2950
E-Mail: [email protected]
Media Relations
Havas PR Milan
Marco Fusco
Tel.: +39 02 85457029 – Mob.: +39 345.6538145
E-Mail: [email protected]
Antonio Buozzi
Tel.: +39 320.0624418
E-Mail: [email protected]