d’Amico International Shipping, an owner and operator of product tankers, made its second big dividend payment this year, encouraged by the rude health it sees its market in.

“We have strong confidence in the long-term fundamentals of the product tanker industry,” chief executive Paolo d’Amico said on Thursday after his company reported $48.9m net income in the third quarter.

This is an increase, both from the $45.7m