Federico Rosen
CFO
Replay available
d'Amico International Shipping S.A. (DMCOF) Q3 2025 Earnings Call
d'Amico International Shipping S.A. (OTC: DMCOF) Q3 2025 earnings conference call, held 2025-11-06. Replay captured from the company's public earnings webcast.
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Gianmarco Gadini
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Analyst at Equita
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Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:03.296 Good afternoon. This is the conference operator. 00:00:03.296 -- 00:00:08.063 Welcome and thank you for joining the D'Amico International Shipping third quarter and 00:00:08.063 -- 00:00:13.411 nine-month 2025 results web call. All participants are on listen-only 00:00:13.411 -- 00:00:17.958 mode, and after the presentation, there will be a Q&A session. 00:00:17.958 -- 00:00:23.226 At this time, I would like to turn the conference over to Federico Rosen, CFO. 00:00:23.226 -- 00:00:25.707 Please go ahead, sir. 00:00:25.833 -- 00:00:30.570 Good afternoon, everybody, and welcome to the Miko International Shipping Q3 earnings 00:00:30.570 -- 00:00:32.570 presentation. 00:00:32.858 -- 00:00:35.327 So moving straight 00:00:35.327 -- 00:00:37.327 on. 00:00:40.632 -- 00:00:45.739 To present issues? Okay. Skipping the executive summary as usual and moving 00:00:45.739 -- 00:00:50.005 straight to page 7, the snapshot of our fleet. 00:00:50.005 -- 00:00:55.472 As at the end of September, we had 31 ships, 31 product anchors, 00:00:55.472 -- 00:01:00.800 of which six LR1s, entirely owned, all owned, after we exercised 00:01:00.800 -- 00:01:05.867 purchase option on the channel to Houston, which was previously in bare boat chartered 00:01:05.867 -- 00:01:11.841 in. for 25.6 million at the very end of September. 00:01:11.841 -- 00:01:17.132 We had 19 MRs, which 17 owned, and two Bergo 00:01:17.132 -- 00:01:22.117 Charin, and we had six Andy vessels. 00:01:22.482 -- 00:01:28.072 Still a very young fleet relative to the industry average. 00:01:28.072 -- 00:01:33.081 The average age of DIS fleet was 9.7 years at the end 00:01:33.081 -- 00:01:38.150 of September against an industry average of slightly less than 14 years for MRs and 00:01:38.150 -- 00...