d’Amico Posts $27.8 Million Q3 Profit as Spot TCE Rate Rises 37%
Photo: TokenPost
d’Amico International Shipping S.A. earned $27.8 million in Q3 profit as its average daily spot time charter equivalent (TCE) rate rose 37% year over year to $34,940. The board approved interim results on Nov. 5 for the three and nine months ended Sept. 30. The average daily spot TCE rate was $25,502 in Q3 2025. The blended daily TCE rate, which includes spot and time-charter work, reached $27,446, compared with $24,335 a year earlier. Total net revenue for the quarter was $68.247 million, versus $67.995 million in Q3 2025. EBITDA was $40.154 million, up from $39.158 million.
Source: TokenPost
