| Code: 41475 |

dAmico Group launches its largest vessel

TIN news:      d'Amico Group celebrates the delivery of the "handy-cape" type vessel "Cielo d'Italia", the largest and most innovative ship in the history of the Group.
 
The value of the order for "Cielo d'Italia" and its "handy cape" sister which will be delivered in the first quarter of 2016 is approximately region 100 M$ (benefitting from the prevailing favourable weakening of the yen against the dollar) and is part of the most significant development plan in the history of d'Amico Group.
 
For the 2014-2016 period, the Group has invested approximately $1.2 billion by ordering 38 new ships, both bulkers and tanker vessels.
 
The 117,000 TDW ship, 245m long and 43m wide, is the result of multi-year collaboration between two prominent companies on the international shipping scene, who working very closely designed an extremely innovative ship characterized by extremely effective design particulars, respect for the environment and energy efficiency, capable of reducing consumption and emissions by 20%, compared to other ships operating in the same segment.

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