D’Amico International Shipping has locked up employment for the third in a series of six LR1 newbuildings from Hyundai Vinashin Shipyard in Vietnam.

Milan-listed DIS has fixed the 74,000-dwt Cielo di Rotterdam into a potential one-year deal with Trafigura, market sources say.

A rate of $13,750 per day is being suggested for the initial six month period, however, people close to the business suggest that the figure secured is higher.