Gianmarco Gadini
Analyst, Kepler Cheuvreux
Replay available
d'Amico International Shipping S.A. (DMCOF) Q2 2025 Earnings Call
d'Amico International Shipping S.A. (OTC: DMCOF) Q2 2025 earnings conference call, held 2025-08-05. Replay captured from the company's public earnings webcast.
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Federico Rosa
Chief Financial Officer
Massimo Bonisoli
Analyst, Equita
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Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:05.481 It is the conference operator. Welcome and thank you for joining the D'Amico International 00:00:05.481 -- 00:00:11.011 Shipping second quarter and first half of 2025 results web call. 00:00:11.011 -- 00:00:15.659 All participants are only synonymous. And after the presentation, there will be a Q&A 00:00:15.659 -- 00:00:20.107 session. At this time, I would like to turn the conference over to Mr. 00:00:20.107 -- 00:00:24.314 Federico Rosa, CFO. Please go ahead, sir. 00:00:24.314 -- 00:00:29.203 Thank you very much, good afternoon everyone and welcome to the Amico International Shipping 00:00:29.203 -- 00:00:31.287 Earnings Call. 00:00:31.287 -- 00:00:33.131 As 00:00:33.131 -- 00:00:38.236 always, I'll skip the executive summary and 00:00:39.523 -- 00:00:44.664 I'll go directly to our fleet snapshot. So, 00:00:44.664 -- 00:00:50.136 as you can see, we had 32 vessels at the end of June 2025, of 00:00:50.136 -- 00:00:54.581 which 29 owned and three bare boat chartered. 00:00:55.127 -- 00:00:59.667 The situation is a little bit different compared to what we had at the end of Q1. 00:00:59.667 -- 00:01:02.071 As we exercised, 00:01:02.071 -- 00:01:07.559 we took delivery actually of one of the time shuttering vessels, the I 00:01:07.559 -- 00:01:10.803 leader that we exercised our option 00:01:10.803 -- 00:01:15.347 on. As you may recall, we exercised 00:01:16.151 -- 00:01:21.319 our purchase options on two time shutter vessels and they were 00:01:21.319 -- 00:01:25.385 delivered to us in the first half of the year, the I navigator and the I leader. 00:01:25.385 -- 00:01:29.647 So we increased our own fleet. 00:01:30.070 -- 00:01:34.454 This situation will change a little bit also in the next coming months. 00:01:34.454 -- 00:01:37.918 A...