d'Amico International Shipping SA 2016 AR2
The report highlights d'Amico International Shipping S.A.'s activities and financial performance for the fiscal year 2016. Despite a challenging product tanker market with historically low spot rates in the second half of the year, the company limited its net loss to US$ 12.8 million and achieved an EBITDA of US$ 55 million. The company continued its fleet modernization strategy, taking delivery of five eco-design new-buildings and maintaining a high level of time-charter coverage to mitigate market volatility. Additionally, the company emphasized its commitment to corporate social responsibility, safety, and environmental protection, maintaining certifications such as ISO 14001 and ISO 50001.
Company: d'Amico International Shipping SA
Sector: Transport & logistics
Country: Luxembourg
Year: 2016
Type: AR2
Pages: 138
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d'Amico International Shipping SA
Annual Report
The report highlights d'Amico International Shipping S.A.'s activities and financial performance for the fiscal year 2016. Despite a challenging product tanker market with historically low spot rates in the second half of the year, the company limited its net loss to US$ 12.8 million and achieved an EBITDA of US$ 55 million. The company continued its fleet modernization strategy, taking delivery of five eco-design new-buildings and maintaining a high level of time-charter coverage to mitigate market volatility. Additionally, the company emphasized its commitment to corporate social responsibility, safety, and environmental protection, maintaining certifications such as ISO 14001 and ISO 50001.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees