D’Amico Fratelli seals a premium with LR2 sale

Italian owner D’Amico Fratelli, a family-run firm independent of the larger d’Amico Group, has let go of a 2009-built LR2 tanker for a premium. 

The Mare Nostrum, now named Mare, is the first Japanese-built LR2 sold this year. The Mare is now part of Turkey’s Cape Gemi fleet. The110,500 dwt, Mitsui Ichihara-built vessel changed hands for $2.9m more than the last comparable deal that was struck in January. Then, Neda Maritime, controlled by the Lykiardopoulos family, sold the same aged, 109,300 dwt Suvretta, built by South Korea’s STX, for $31.5m to China’s Linghong Shipping. 

So far this year, only a few handful of Korean-built LR2 tankers have changed hands, according to VesselsValue. 

LR2-type tankers have coated tanks, unlike the equally sized aframax crude oil tankers, which allows them to carry both dirty cargo and clean petroleum products.