Italy’s d’Amico International Shipping (DIS) has struck again to bring in an MR tanker at a rock-bottom price.

The Milan-listed owner said it has exercised a purchase option on the 50,000-dwt High Explorer (built 2018) at a cost of JPY 4.1bn ($30m).

VesselsValue assesses the ship as worth $43.4m.

The Japanese-built tanker is owned by Genyo Kaiun of Japan but has been bareboat-chartered back to DIS since delivery.