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Tagged in Ocean Yield

Ocean Yield Announces Investment in Vessel With Long-term Charter

Ocean Yield AS (Ocean Yield) announced on Friday (Jun10) that the Company has agreed to purchase a 5,500 TEU container vessel newbuilding under construction at HJ Shipbuilding, Korea. The vessel is built with a design enabling it to be converted to …
Jun 13, 2022 / Vessels

Ocean Yield announces sale of handysize dry bulk vessel

Interlink Dignity is a handysize dry bulk vessel built in 2015 and employed on a long-term charter to Interlink Maritime Corporation. Caption: Bulk carrier Interlink Dignity - Image courtesy of Joop Klaasman In the charter contract, the charterer …
May 31, 2022 / Vessels

Ocean Yield Announces Delivery of Newbuilding Suezmax Tanker with 10-year charter

Ocean Yield AS announced on Friday (May 13) that it has taken delivery of the newbuilding Suezmax tanker Nordic Harrier from Samsung Heavy Industries’ shipyard in South Korea.The vessel commenced a 10-year bareboat charter to Nordic American Tankers …
May 13, 2022 / Vessels

Ocean Yield announces investment in two LR2 product tankers with long-term charters

Ocean Yield ASA (Ocean Yield) announced on Monday (Dec13) that the Company will invest in two modern LR2 product tankers with 10-year bareboat charters to Scorpio Tankers Inc. (Scorpio Tankers) with purchase obligations at the end of the …
Dec 15, 2021 / Finance

International Seaways Announces Refinancing of Six Vessels

Transaction Further Diversifies Company’s Capital Structure with Favorable Long-Term FinancingInternational Seaways, Inc. (NYSE: INSW) (INSW), one of the largest tanker companies worldwide providing energy transportation services for crude oil and …
Oct 26, 2021 / Vessels

Ocean Yield announces investment in vessels with long-term charters

Ocean Yield ASA (Ocean Yield) has entered into a term sheet to invest in vessels with a total purchase price of USD 380 million. The vessels have an average age of about five years, and will be on 10-year bareboat charters with purchase obligations …
Oct 13, 2021 / Vessels

Ocean Yield announces acquisition of 49.9% interest in one dual-fuel container vessel with 18-year charter

Ocean Yield ASA (Ocean Yield) has agreed to acquire 49.9% equity interest in one dual-fuel newbuilding container vessel with 18-year bareboat charter to a major European container line.The vessel, with a capacity of 15,300 TEUs is under construction …
Jul 5, 2021 / Vessels

Ocean Yield announces acquisition of 50% of three Suezmax tankers

Ocean Yield ASA (Ocean Yield) has entered into an agreement with Aker Capital AS (Aker) whereby Ocean Yield will acquire from Aker 50% of three Suezmax tankers currently owned 50/50 by Aker and Ocean Yield.  Caption: Crude oil tanker Nissos …
Jun 29, 2021 / Vessels

Ocean Yield: Declaration of purchase option on 2016-built chemical tanker

Navig8 Tourmaline is a chemical tanker built in 2016 and employed on a long-term charter to Navig8 Chemical Tankers Inc.  Caption: Chemical/Oil Products Tanker Navig8 Tourmaline - Image courtesy of Marcel Coster In the contract, Navig8 Chemical …
Mar 26, 2021 / Vessels

Ocean Yield announces sale of dry bulk vessel

SBI Virgo is an Ultramax dry bulk vessel built in 2017 and employed on a long-term charter to Scorpio Bulkers Inc. Caption: Bulk carrier SBI Virgo - Image courtesy of Luis Prieto Garcia In the charter contract, Scorpio Bulkers Inc. has an option to …
Jan 29, 2021 / Vessels