Italy’s d’Amico International Shipping (DIS) has struck a new 10-year leaseback deal with Japanese investors for two MR product tankers.

Milan-listed DIS bought back the 50,000-dwt High Discovery and 50,000-dwt High Fidelity (both built 2014) and immediately resold them in fresh transactions.

It marks a return to the Japanese market after d’Amico completed sale-and-leaseback deals for the two vessels in 2017.