Aug 16 (Reuters) - D'Amico International Shipping SA
B7C.MI :
* GLENDA INTERNATIONAL SHIPPING D.A.C.(GIS) SIGNS MEMORANDUM
OF
AGREEMENT FOR SALE OF MT GLENDA MEGAN FOR USD 19 MILLION
* TRANSACTION ALLOWS GLENDA INTERNATIONAL SHIPPING TO
GENERATE
AROUND US$ 8.1 MILLION IN CASH
* GLENDA INTERNATIONAL SHIPPING IS JOINT VENTURE COMPANY
WITH
GLENCORE GROUP, IN WHICH D’AMICO TANKERS D.A.C. (IRELAND) HOLDS
50% PARTICIPATION
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