D'amico International Shipping S.a. · MIL:DIS

D'amico International Shipping — Q2 2026 Earnings Presentation

70 slides from D'amico International Shipping's earnings presentation, Jul 30, 2026

  1. Slide 1: Q2 & H1 2026 Presentation

    Q2 & H1 2026 Presentation d’Amico International Shipping July 30th, 2026

  2. Slide 2: Disclaimer

    Disclaimer. There shall be no offering or sale of any securities of d’Amico International Shipping S.A. in the United States of America, Switzerland, Canada, Australia, Japan, the United Kingdom or any jurisdiction in which such offer, solicitation or sale would be unlawful prior to its registration

  3. Slide 3: Agenda

    AGENDA. ▪ Executive summary ▪ DIS’ overview and key financials ▪ Strategic priorities and market overview ▪ Why invest in DIS ▪ DIS’ ESG ▪ Appendix

  4. Slide 4: Executive summary

    Executive summary. • Net profit – In H1’26, d’Amico International Shipping S.A. (“DIS” or “the Company”) reported a net profit of US$79.4m, compared with US$38.5m in H1’25, and a net profit of US$51.9m in Q2’26, compared with US$19.6m in Q2’25. The positive results reflect the robust product tanker

  5. Slide 5: Executive summary (continued)

    Executive summary (continued). • Purchase of two newbuilding MR2 vessels – In Jan’26, DIS signed a shipbuilding contract with Jiangsu New Yangzi Shipbuilding Co., Ltd. (China) (”YZJ”) for two new MR2 (50,000 dwt) product tanker vessels, at a contract price of US$45.4m each. The vessels are expected

  6. Slide 6: DIS' overview and key financials

    DIS’ overview and key financials

  7. Slide 7: A modern, high-quality and versatile fleet

    A modern, high-quality and versatile fleet. June 30th, 2026 DIS Fleet 1 LR1 MR Handy Total % Owned 6.0 14.0 6.0 26.0 92.9% Bareboat chartered 0.0 2.0 0.0 2.0 7.1% TOTAL on water 6.0 16.0 6.0 28.0 100.0% Vessels under construction 4.0 4.0 2.0 10.0 n.a. TOTAL including newbuildings 10.0 20.0 8.0 38.0

  8. Slide 8: Lighter bank debt repayments and low refinancing risk

    Lighter bank debt repayments and low refinancing risk. Forecasted bank debt financing cash-flow Daily bank loan repayment on owned vessels (Excluding overdraft facilities)1,2,3 (Excluding overdraft facilities)1,2,3 US$/mm US$/mm US$/mm US$/day Since ’20, DIS benefits from significantly lower bank de

  9. Slide 9: Q3'26 estimated TCE earnings

    Q3’26 estimated TCE earnings1. Q3’26 fixed days Q3’26 potential blended TCE TCE US$/day % of ‘fixed days’ TCE US$/day • Contract coverage: DIS has fixed ~61% of its Q3’26 employment days at a daily average of US$ 23,562. • Fixed spot days: DIS has fixed ~18% of its Q3’26 employment days on spot voya

  10. Slide 10: Strong earnings outlook

    Strong earnings outlook. Estimated fleet evolution (avg. n. of vessels)1 Potential upside to earnings2 N. of ships (based on ‘available days’) US$/mm Estimated net results on fixed contract days3 Potential net results4 US$/mm US$/mm 1. Average number of vessels in each period based on contracts in p

  11. Slide 11: Temporary cost pressure

    Temporary cost pressure. Daily operating costs – owned and bareboat General & administrative costs – total fleet vessels1 US$/day US$/m • Following the successful efforts between FY’18 and FY’22 to reduce and subsequently contain both operating and G&A costs, an increase was expected from FY’23 onwa

  12. Slide 12: Financial results. H1'26 Net financial position

    Financial results. H1’26 Net financial position. (US$ million) Dec. 31st, 2025 Jun. 30th, 2026 Gross debt (210.5) (211.7) IFRS 16 – additional liabilities (2.2) (1.8) Cash and cash equivalents 183.9 231.7 Other current financial assets1 1.4 1.0 Net financial position (NFP) (27.4) 19.2 Net financial

  13. Slide 13: Financial results. H1'26 Results

    Financial results. H1’26 Results. (US$ million) Q2’25 Q2’26 H1’25 H1’26 Non-recurring items: TCE Earnings 67.0 88.6 129.8 155.0 (US$ million) Q2’25 Q2’26 H1’25 H1’26 Total net revenue 68.1 89.9 132.2 157.4 Result on disposal of vessels (0.3) 4.3 (0.5) 4.3 Result on disposal of vessels (0.3) 4.3 (0.5

  14. Slide 14: Financial results. H1'26 Key operating measures

    Financial results. H1’26 Key operating measures. Key Operating Q1 2025 Q2 2025 H1 2025 Q3 2025 Q4 2025 FY 2025 Q1 2026 Q2 2026 H1 2026 Measures Avg. n. of vessels 32.7 32.0 32.4 31.1 30.4 31.6 29.0 28.2 28.6 Fleet contract 39.6% 50.8% 45.2% 54.9% 57.7% 50.7% 62.2% 65.3% 63.7% coverage Daily TCE Spot

  15. Slide 15: Strategic priorities and market overview

    Strategic priorities and market overview

  16. Slide 16: DIS' CAPEX commitments

    DIS’ CAPEX1 commitments. Investment plan US$/mm • DIS invested US$ 924.4m1 from FY’12 to FY‘19, mostly related to 22 newbuildings ordered since 2012. • DIS invested US$294.9 million between FY’22 and H1’26 on vessel acquisitions, including the exercise of purchase options on 6 modern Japanese MR2 ve

  17. Slide 17: DIS' purchase options on leased vessels

    DIS’ purchase options on leased vessels. Exercised purchase options: Unexercised purchase options: Build Purch. Option Vessel Name Date Delivery Date High Priority 1 Mar-05 Feb-21 High Voyager 2 Nov-14 Jan-23 High Freedom 3 Jan-14 May-23 High Fidelity Aug-14 Sep-22 High Discovery Feb-14 Sep-22 4 Hig

  18. Slide 18: DIS' purchase options on time-chartered-in vessels

    DIS’ purchase options on time-chartered-in vessels. • DIS has also exercised six purchase options on its time-chartered-in vessels, which were all well in the money relative to their current market value. Exercised purchase options (US$ mm): • Two of these options, relating to the High Adventurer an

  19. Slide 19: Contracts and modern fleet to drive future results

    Contracts and modern fleet to drive future results. Average TC and TC equivalent covered rates1 % of ‘employment days’ US$/day • For H2’26, DIS has covered ~57% of its available vessel days at an average TC equivalent rate of ~US$ 23.7k/d. • TC contracts allow DIS to: ✓ consolidate strategic relatio

  20. Slide 20: Strengthening freight rates and asset values

    Strengthening freight rates and asset values. Historical MR TC and spot rates1 Historical MR asset values1 US$/day US$/m 1 YR TC and spot rates reached 60,000 an all-time high in Apr’26 60 NB, 5yr old and 10yr old vessels are 55 respectively ~4%, ~6% and ~9% 50,000 50 below the last cycle peak 40,00

  21. Slide 21: Trade disruptions. Iran war

    Trade disruptions. Iran war. Refining Margins1 Estimated disruption to Hormuz oil flows to date2 $/barrel 120 25 100 20 80 5 15 60 4 40 10 20 20 11 5 0 Jun-24 Jul-24 Jan-25 Jun-25 Jul-25 Jan-26 Jun-26 Jul-26 Mar-25 Mar-26 Nov-24 Dec-24 Feb-25 Aug-25 Nov-25 Dec-25 Feb-26 Aug-24 Sep-24 Sep-25 Apr-24 M

  22. Slide 22: Trade disruptions. Red Sea attacks

    Trade disruptions. Red Sea attacks1. Saudi Red Sea Exports going west: CPP, DPP and Crude Saudi Red Sea exports going east: CPP, DPP and Crude volumes (mb/d)1 volumes (mb/d)1 0.9 6.0 0.8 5.0 0.7 0.6 4.0 0.5 3.0 0.4 0.3 2.0 0.2 1.0 0.1 0.0 0.0 Jan-23 Jul-23 Jan-24 Jul-24 Jan-25 Jul-25 Jan-26 Mar-26 J

  23. Slide 23: Trade disruptions. Russian refined product exports

    Trade disruptions. Russian refined product exports1 Russia’s refined product exports by destination Russia’s refined product exports Million barrels per day Million barrels per day 3.5 3.5 3.0 3.0 2.5 2.5 2.0 2.0 1.5 1.5 1.0 1.0 0.5 0.5 0.0 0.0 Jun-21 Jun-22 Jun-23 Jun-24 Jun-25 Jun-26 Dec-21 Dec-22

  24. Slide 24: Trade disruptions. Sanctioned vessels and oil on water

    Trade disruptions. Sanctioned vessels and oil on water. Sanctioned oil on water1 Total sanctioned tankers2 Million barrels Number of vessels % on total tankers (dwt) 500 1200 20% 450 18% 400 1000 16% 350 14% 800 300 12% 250 600 19% 10% 200 8% 150 400 6% 100 4% 200 50 2% - 0 0% Sep-16 Sep-17 Sep-18 S

  25. Slide 25: Trade disruptions. Lifting of sanctions on Venezuelan oil

    Trade disruptions. Lifting of sanctions on Venezuelan oil. Venezuela’s oil production 1990-2026 Million barrels per day 3.5 3.0 2.5 2.0 1.5 3.2 3.1 2.8 2.9 2.8 2.9 2.8 2.8 2.8 2.8 2.4 2.4 2.3 2.6 2.5 2.5 2.4 2.5 2.5 2.5 2.5 2.5 2.3 1.0 2.1 2.4 2.3 2.3 2.0 1.5 0.5 0.9 0.5 0.6 0.7 0.8 0.9 0.9 1.0 1.1

  26. Slide 26: Oil demand and refining throughputs

    Oil demand and refining throughputs. Global oil demand1 Global refinery throughputs1 Million barrels per day Million barrels per day 108.0 106.7 88.0 86.7 85.7 85.4 85.7 105.6 86.0 84.8 84.9 84.5 106.0 105.5 83.3 83.8 83.7 104.2 104.5 84.0 82.9 103.8 82.4 82.3 104.0 82.1 82.5 103.1 104.7 81.3 84.0 8

  27. Slide 27: Iran war spurring declines in oil inventories

    Iran war spurring declines in oil inventories. Crude oil price (Brent, US$ bbl), forward curve1 CPP vs Million barrels DPP and crude oil floating storage2 88 86.2 86 350 325 84 300 275 82 80.4 250 225 80 78.1 200 78 76.5 175 75.4 150 76 74.5 125 73.9 73.3 72.7 100 74 72.3 72.0 75 72 50 25 70 0 Jan-2

  28. Slide 28: Support from non-coated tanker market

    Support from non-coated tanker market1. Coated LR2 fleet: no. clean vs. dirty trading1 Historical non-coated tankers’ TCE spot rates1 US$/day 370 285,000 320 235,000 185,000 270 135,000 220 85,000 170 35,000 120 -15,000 Cln (RHS) Dty (LHS) VLCC Suezmax Aframax • Non-coated tankers can, as they have

  29. Slide 29: Longer-term demand. Changes in the refinery landscape

    Longer-term demand. Changes in the refinery landscape. Net refinery capacity additions by year ‘23-’271 % of net refinery capacity Thousand barrels/day 1,500 additions ‘25-’271 1,300 60.0% 1,100 50.0% 900 40.0% 700 30.0% 55.8% 500 47.1% 20.0% 300 27.9% 10.0% 100 7.8% 13.7% 0.0% -100 2023 2024 2025 2

  30. Slide 30: Growing pool of demolition candidates

    Growing pool of demolition candidates. Fleet composition by age (MRs and LR1s)1 Fleet composition by age (All tankers)1 70% 60% 56.8% 57.4% 48.7% 48.6% 60% 53.6% 54.6% 50% 46.7% 44.9% 50.3% 40.3% 50% 42.2% 40% 34.0% 40% 34.6% 29.7% 28.4% 30% 25.7% 27.0% 30% 25.0% 22.9% 24.7% 19.8% 19.8% 20.8% 20.6%

  31. Slide 31: Accelerating deliveries and rising scrapping potential

    Accelerating deliveries and rising scrapping potential. All tankers deliveries, 2025-20261 100 90 80 N. Of vessels 70 47 60 31 33 42 50 21 40 40 23 30 18 20 45 44 43 41 38 31 10 24 27 0 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q4'26 Estimated deliveries MR and LR1 Estimated deliveries all other tan

  32. Slide 32: Renewed interest in newbuilds in '26

    Renewed interest in newbuilds in ‘26. MR newbuilding parity curve vs MR & LR1 orders2 second-hand values1 Period end US$ Million N. of vessels orderbook/fleet ratio 60.0 55.0 52.5 250 70% 50.0 61% 51.0 45.0 43.0 60% 200 40.0 47% 41.0 50% 35.0 33.4 150 40% 30.0 31% 25.0 29.0 23.9 100 30% 20.0 21% 17%

  33. Slide 33: Accelerating but manageable fleet growth

    Accelerating but manageable fleet growth. MR & LR1 deliveries and scrapping (m dwt) (lhs), and net MR & LR1 fleet age profile1 fleet growth (%)1 (rhs) Million Dwt Million Dwt and % of current fleet 12 14% 80 54.6% 12.7% 10 11.9% 11.9% 12% 70 8 9.9% 9.7% 10% 9.1% 60 8% 6 50 6% 4 4.8% 4.5% 4.1% 4.5% 4

  34. Slide 34: Why invest in DIS

    Why invest in DIS

  35. Slide 35: Historical NAV evolution

    Historical NAV evolution. DIS’ Historical NAV evolution1,2,3 US$/m US$/share 1400 1314 14.00 20 1194 1200 1150 12.00 39 11.03 1048 30 993 10.04 9.81 9.76 9.65 1000 10.00 8.92 8.81 8.60 8.23 7.84 767 800 7.55 7.51 8.00 6.94 6.27 6.24 5.58 5.83 600 5.54 6.00 4.21 4.44 4.19 406 3.98 400 348 3.51 3.56 3

  36. Slide 36: Potential use of funds

    Potential use of funds (excluding cash returned to shareholders). Potential use of funds for investments and lease reimbursements US$/mm • DIS plans lease reimbursements of US$ 15.2 million in FY’26 and US$ 13.9 million in FY’27, arising from the exercise of purchase options on its bareboat-chartere

  37. Slide 37: Increasing shareholder returns

    Increasing shareholder returns. Cash returned to shareholders Financial Leverage (NFP to FMV) US$/mm % Supported by robust earnings and a very strong financial structure (Net Financial Position to Fleet Market Value ratio of -1.6% as at end-June’26), DIS has been steadily increasing returns to its s

  38. Slide 38: DIS' fleet. Focus on enhanced technical efficiency

    DIS’ fleet. Focus on enhanced technical efficiency. Latest Rudder OPS Propeller Wake Speed/ Prop. Propeller Low conventional with Preswirl Eco EPL (Engine (Onshore Ships Engine (C10.7) boss cap fins Duct Fins Bulb and fins vane Equal. Duct Led nozzles Power Limit) power supply) power control silicon

  39. Slide 39: DIS' fleet. Operational efficiency improvements

    DIS’ fleet. Operational efficiency improvements. Tekomar Cutting of CBM (Condition Biofouling Hull full blasting Ships Health check Prop. cleaning Users based maintenance) Risk management age above 10Y • for C02 reduction NB 5 (MR1) On the operational side, DIS' Fleet NB 6 (MR1) has adopted measures

  40. Slide 40: Why invest in DIS today

    Why invest in DIS today. • Young-fleet, most of which acquired at historically attractive prices and at top-tier yards. Furthermore, vessels are mostly eco-design (96% of the fleet) and IMO classed (79% of the fleet). • First-class in-house technical management provides DIS access to long-term chart

  41. Slide 41: DIS' ESG

    3A INTERNATIONAL SHI Wa “3

  42. Slide 42: DIS' Purpose and Values

    DIS’ PURPOSE and VALUES. Long-term vision, Family tradition and Business Ethics Innovation Our sustainable business model pursues the goal of Inspired by the values of our family, we build our creating value and generating a positive impact on the business with a long-term view, focusing on innovati

  43. Slide 43: DIS' ESG. Key figures

    DIS’ ESG. Key figures ENVIRONMENTAL VALUE 2025 1 EEXI Compliant ships (as at year-end) 100.0% CII 6.24 IMO classed fleet % (as at year-end)2 79.3% Fleet age (years) 9.6 Fleet certified for the use of Biofuel blends up to B30 (%) (as at year-end) 100% Fleet with installed water ballast treatment syst

  44. Slide 44: DIS' ESG. Environment and Safety

    DIS’ ESG. Environment and Safety DIS seeks to be an industry leader on environmental and safety issues: • Among the first fleets worldwide compliant with Monitoring Reporting and Verification criteria for CO2 emissions. • Since 2011 DIS has a fleet performance monitoring department to optimize vesse

  45. Slide 45: DIS' ESG. Environmental KPIs

    DIS’ ESG. Environmental KPIs 45

  46. Slide 46: DIS' ESG. Corporate Governance

    DIS’ ESG. Corporate Governance DIS is listed on the most demanding segment of the Milan stock exchange (the Star), and has therefore adopted a first-class corporate governance framework: • Incorporated in Luxembourg, it is organized and governed in compliance with Luxembourg laws • Listed on the STA

  47. Slide 47: DIS' ESG. Social responsibility

    DIS’ ESG. Social responsibility DIS seeks a diverse and inclusive work environment, where teamwork is highly valued. The high levels of employee satisfaction result in high retention rates. • 26 onshore personnel as at 31 December 2025; • 632 seagoing personnel as at 31 December 2025; • 96% retentio

  48. Slide 48: UN's sustainable development goals

    UN’s sustainable development goals. DIS’ Sustainable DIS’ Sustainable DIS’ Sustainable Sustainability Development Sustainability Development Sustainability Development Topics Goals Topics Goals Topics Goals Vessel energy Integrated Ship recycling efficiency management system for ongoing improvement

  49. Slide 49: UN's sustainable development goals

    UN’s sustainable development goals. DIS’ Sustainable Activity performed by DIS Sustainability Topics Development Goals Vessel energy efficiency • Renewal of the fleet with “Eco” vessels, in line with IMO directives, thanks to the implementation of innovative technologies. Innovation: • Projects aime

  50. Slide 50: UN's sustainable development goals

    UN’s sustainable development goals. DIS’ Sustainable Activity performed by DIS Sustainability Topics Development Goals Integrated management • Transparent statement of policies governing operations on board managed ships - in system for ongoing order to ensure safety and efficiency - and of the meth

  51. Slide 51: UN's sustainable development goals

    UN’s sustainable development goals. DIS’ Sustainable Activity performed by DIS Sustainability Topics Development Goals Ship recycling • Preparation of hazardous material inventories on all new buildings and on the existing fleet. Stakeholder engagement • Stakeholder mapping and detection of needs an

  52. Slide 52: Appendix

    J <brie INTERNATIONAL SHIPPING SA.

  53. Slide 53: IMO (MEPC 76): CII and EEXI

    IMO (MEPC 76): CII and EEXI In June 2021, IMO's Marine Environment Protection Committee (MEPC 76) adopted amendments to the International Convention for the Prevention of Pollution from Ships (MARPOL) Annex VI that will require ships to reduce their greenhouse gas emissions. These amendments combine

  54. Slide 54: IMO (MEPC 80): Net zero by 2050

    IMO (MEPC 80): Net zero by 2050 In July 2023, IMO's Marine Environment Protection Committee (MEPC 80) has set more ambitious targets compared with the Initial IMO Strategy on Reduction of GHG Emissions from Ships. The new targets consider the Well-to-Wake (WtW) GHG emissions of marine fuels, as addr

  55. Slide 55: IMO (MEPC 83): Approval of Net-Zero Framework

    IMO (MEPC 83): Approval of Net-Zero Framework The 83rd session of the International Maritime Organization’s Marine Environment Protection Committee (MEPC 83), held from 7 to 11 April 2025, marked a pivotal advancement in maritime environmental regulation. Key decisions were made to align internation

  56. Slide 56: (MEPC/ES.2), October 2025

    (MEPC/ES.2), October 2025 The International Maritime Organization (IMO) has agreed to adjourn the extraordinary session of the Marine Environment Protection Committee (MEPC), which was convened from 14 to 17 October 2025 to consider the adoption of draft amendments to MARPOL Annex VI, including the

  57. Slide 57: EU Emission Trading System (ETS) and Fuel EU

    EU Emission Trading System (ETS) and Fuel EU. The European Commission has recently published a set of legislative proposals to enable the EU to attain its 2030 target of reducing its greenhouse gas emissions by at least 55% by 2030 compared with 1990 levels. In particular, the EU Commission included

  58. Slide 58: Trade disruptions. US and Chinese Port Fees

    Trade disruptions. US and Chinese Port Fees Tankers on water1 Tankers on order1 100% 100% 90% 90% 23% 18% 19% 29% 80% 80% 38% 50% 70% 61% 70% 69% 74% 73% 72% 60% 78% 60% 50% 50% 40% 40% 77% 82% 81% 71% 30% 30% 62% 50% 20% 39% 20% 31% 26% 27% 28% 10% 22% 10% 0% 0% VLCC Suez/LR3 Afra/LR2 Pana/LR1 MR/H

  59. Slide 59: Temporary reversal in Chinese naphtha imports growth

    Temporary reversal in Chinese naphtha imports growth. Chinese naphtha imports1 Thousand barrels/day 500 450 400 350 300 250 200 150 100 50 0 Apr-17 Apr-18 Apr-19 Apr-20 Apr-21 Apr-22 Apr-23 Apr-24 Apr-25 Apr-26 Oct-17 Oct-18 Oct-19 Oct-20 Oct-21 Oct-22 Oct-23 Oct-24 Oct-25 Jan-17 Jan-18 Jan-19 Jan-2

  60. Slide 60: Demand growth only for Jet fuel in '26

    Demand growth only for Jet fuel in ‘26. % Change in number of commercial Jet fuel & Kerosene demand 2021-2027 Global demand growth by product flights vs. 20191 (kbpd)2 2026 (kbpd)2 Thousand barrels/day Y-O-Y growth Thousand barrels 30% 8,000 25% 7,000 20.1% Jet fuel & Kerosene +17 15% 20% 6,000 16.2

  61. Slide 61: DIS' Shareholdings Structure

    DIS’ Shareholdings Structure. Key Information on DIS’ shares 3 1. d'Amico International SA 55.66% 2. Others 40.30% 2 3. d'Amico International Shipping SA 4.04% 100.00% 1 Listing market Borsa Italiana, STAR No. of shares issued 124,106,556 Market capitalisation1 €917.0 million Shares repurchased / %

  62. Slide 62: d'Amico Group Structure

    d’Amico Group Structure. 100% d’Amico Società di Navigazione Spa d’Amico International S A 100% 100% d’Amico Ship Ishima Pte Ltd Management S.r.l. 85% 76.9% Rudder S.A.M. Sirius Ship Management S.r.l. 100% d’Amico Dry d.a.c. 55.66% d’Amico International Shipping S A 100% d’Amico Tankers d.a.c. 100%

  63. Slide 63: DIS' estimated sensitivity to interest rates

    DIS’ estimated sensitivity to interest rates1. (US$ million) FY’26 FY’27 FY’28 Estimated average bank debt (173.4) (216.5) (248.3) Estimated average hedged bank debt 24.7 12.0 7.3 Estimated average unhedged bank debt (148.7) (204.6) (241.0) Assumed average cash & equivalents 100.0 100.0 100.0 Estima

  64. Slide 64: Financial results. Consolidated Income Statement

    Financial results. Consolidated Income Statement 64

  65. Slide 65: Financial results. Consolidated Balance Sheet

    Financial results. Consolidated Balance Sheet 65

  66. Slide 66: Financial results. Consolidated Cash Flow Statement

    Financial results. Consolidated Cash Flow Statement 66

  67. Slide 67: DIS' current fleet overview. LR1 & MR Fleet

    DIS’current fleet overview. LR1 & MR Fleet Owned - LR1 Tonnage (dwt) Year Built Builder, Country Interest1 IMO Classified Bright Future2 75,000 2019 Hyundai MIPO, South Korea (Vinashin) 100% - Cielo di Cagliari 75,000 2018 Hyundai MIPO, South Korea (Vinashin) 100% - Cielo Rosso 75,000 2018 Hyundai M

  68. Slide 68: DIS' current fleet overview. Handy Fleet

    DIS’current fleet overview. Handy Fleet Owned Tonnage (dwt) Year Built Builder, Country Interest1 IMO Classified Cielo di Salerno 39,043 2016 Hyundai MIPO, South Korea (Vinashin) 100% IMO II/IMO III Cielo di Hanoi 39,043 2016 Hyundai MIPO, South Korea (Vinashin) 100% IMO II/IMO III Cielo di Capri 39

  69. Slide 69: DIS' New Building Program

    DIS’NEW BUILDING PROGRAM. Owned Estimated tonnage (dwt) Estimated delivery date Builder, Country Interest1 MR/Handysize/LR1 YZJ2024-1642 – Tbn 75,000 Q3-2027 Jiangsu New Yangzi Shipbuilding, China 100% LR1 YZJ2024-1643 – Tbn 75,000 Q4-2027 Jiangsu New Yangzi Shipbuilding, China 100% LR1 YZJ2024-1644

  70. Slide 70: Thank you

    Thank you!

d'Amico International Shipping — Q2 2026 Earnings Presentation on 6ix