Ocean Yield

OCEAN YIELD NEWSROOM (17 press releases)

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Ocean Yield and NYK Line Agree to Co-Invest in New LNG Carrier Fleet with Long-Term Charters

PRESS RELEASE -- 19, December 2025

(IN BRIEF) Ocean Yield AS has agreed to co-invest with NYK Line in four new LNG carriers to be constructed in South Korea, with delivery expected in 2028 and 2029. Each company will hold an ownership interest of around 50 … Read the full press release

Ocean Yield Expands Stake in France LNG Shipping, Enhancing LNG Sector Presence

PRESS RELEASE -- 7, May 2025

(IN BRIEF) Ocean Yield AS has increased its stake in France LNG Shipping (FLS), raising its indirect economic interest from 34% to 45%. The transaction will add about USD 250 million to the company’s EBITDA backlog. FLS operates 12 LNG … Read the full press release

Ocean Yield takes delivery of its third VLCC; commences 15-years bareboat charter

PRESS RELEASE -- 5, July 2019

(PRESS RELEASE) LYSAKER, 5-Jul-2019 — /EuropaWire/ — Ocean Yield ASA takes delivery of the very large crude carrier (VLCC) “Nissos Santorini” today. The vessel is the third in a series of four VLCCs that will be delivered to the Company … Read the full press release

Ocean Yield ASA to acquire four 2014 built 3,800 TEU container vessels with 12-year bareboat charters to companies owned and guaranteed by CMB NV

PRESS RELEASE -- 13, June 2018

LYSAKER, Norway, 13-Jun-2018 — /EuropaWire/ — Ocean Yield ASA (“Ocean Yield” or the “Company”) is pleased to announce that the Company has agreed to acquire four 2014 built 3,800 TEU container vessels with 12-year bareboat charters to companies owned and guaranteed … Read the full press release

Ocean Yield to acquire three suezmax crude tankers with 10-year bareboat charters to Nordic American Tankers Limited

PRESS RELEASE -- 5, December 2017

Lysaker, Norway , 05-Dec-2017 — /EuropaWire/ — Ocean Yield ASA (“Ocean Yield” or the “Company”) is pleased to announce that the Company has agreed to acquire three suezmax crude tankers with 10-year bareboat charters to Nordic American Tankers Limited (“NAT”). The … Read the full press release

Ocean Yield ASA ordinary shares approved to trade on the OTCQX Best Market

PRESS RELEASE -- 21, June 2017

LYSAKER, Norway, 21-Jun-2017 — /EuropaWire/ — Ocean Yield ASA (“Ocean Yield” or the “Company”), a ship owning company with investments in vessels on long-term charters, announced today that the Company’s ordinary shares have been approved to trade on the OTCQX … Read the full press release

Ocean Yield ASA to deliver 38,000 cbm liquefied ethylene gas carrier to Hartmann Group/SABIC Petrochemicals B.V.

PRESS RELEASE -- 15, November 2016

LYSAKER, Norway, 15-Nov-2016 — /EuropaWire/ — Ocean Yield ASA is pleased to announce the delivery of the 38,000 cbm liquefied ethylene gas carrier “Gaschem Beluga” from Sinopacific Offshore & Engineering, China. The vessel is the first of two sister vessels to be delivered, … Read the full press release

Ocean Yield: 45,000 dwt IMO ll chemical carrier “Navig8 Universe” built in 2013 delivered

PRESS RELEASE -- 5, October 2016

OSLO, 05-Oct-2016 — /EuropaWire/ — Ocean Yield ASA is pleased to announce the delivery of the 45,000 dwt IMO ll chemical carrier “Navig8 Universe” built in 2013. The purchase price of the vessel is USD 35 million including a seller’s … Read the full press release

Ocean Yield: 49,000 dwt IMO II chemical tanker “Navig8 Tourmaline” from STX, Korea delivered

PRESS RELEASE -- 5, October 2016

OSLO, 05-Oct-2016 — /EuropaWire/ — Ocean Yield ASA is pleased to announce the delivery of the 49,000 dwt IMO II chemical tanker “Navig8 Tourmaline” from STX, Korea. After being delivered from the shipyard today, the vessel commenced a 15 years “hell … Read the full press release

Ocean Yield ASA: modification of Aker Wayfarer at Kleven Myklebust completed

PRESS RELEASE -- 8, July 2016

OSLO, 08-Jul-2016 — /EuropaWire/ — Ocean Yield ASA is pleased to announce that the modification of Aker Wayfarer at Kleven Myklebust was completed yesterday. The vessel is on long-term charter until 2027 and will receive an additional charter rate reflecting the modification investment as … Read the full press release

Ocean Yield ASA to post 2Q 2016 results on the Oslo Stock Exchange on Tuesday 12th July 2016

PRESS RELEASE -- 8, July 2016

OSLO, 08-Jul-2016 — /EuropaWire/ — Ocean Yield ASA will publish its second quarter 2016 results on the Oslo Stock Exchange on Tuesday 12th July 2016, at about 20.00 CEST. Ocean Yield ASA will host a presentation on Wednesday 13th July 2016. … Read the full press release

Ocean Yield ASA transaction with Quantum Pacific Shipping now successfully closed

PRESS RELEASE -- 8, July 2016

OSLO, 08-Jul-2016 — /EuropaWire/ — Ocean Yield ASA (“Ocean Yield” or the “Company”) is pleased to announce that the transaction with Quantum Pacific Shipping announced on 20th June 2016, where Ocean Yield acquired 49.5% in six mega container vessels, has now … Read the full press release

Ocean Yield has two vessels on long-term bareboat charter to Farstad Supply AS, a subsidiary of Farstad Shipping ASA

PRESS RELEASE -- 8, July 2016

OSLO, 08-Jul-2016 — /EuropaWire/ — Reference is made to the press release issued by Farstad Shipping ASA (“Farstad”) today, July 4th 2016, where Farstad and a majority of its secured lenders have entered into a standstill and deferral agreement and a defeasance … Read the full press release

Ocean Yield: Delivery of the LR2 product tanker “Navig8 Steadfast” from Sungdong Shipyard, Korea

PRESS RELEASE -- 12, May 2016

Lysaker, Norway, 12-May-2016 — /EuropaWire/ — Ocean Yield ASA is pleased to announce the delivery of the LR2 product tanker “Navig8 Steadfast” from Sungdong Shipyard, Korea. After being delivered from the shipyard today, the vessel commenced a 13 years “hell and … Read the full press release

Ocean Yield ASA announced delivery of 37,000 dwt IMO II chemical tanker “Navig8 Azotic” from Hyundai Mipo Dockyard

PRESS RELEASE -- 8, September 2015

Lysaker, Norway, 8-9-2015 — /EuropaWire/ — Ocean Yield ASA is pleased to announce the delivery of the 37,000 dwt IMO II chemical tanker “Navig8 Azotic” from Hyundai Mipo Dockyard, Korea. After being delivered from the shipyard today, the vessel commenced a 15 … Read the full press release

Ocean Yield ASA agrees to fund USD 100M investment for AKOFS’s “Aker Wayfarer” vessel modification against bareboat charter extension from September 2020 until September 2027

PRESS RELEASE -- 16, September 2014

OSLO, 16-9-2014 — /EuropaWire/ — Ocean Yield ASA has today been notified that Aker Oilfield Services (“AKOFS”), a subsidiary of Aker Solutions, has been awarded a contract over five years by Petrobras to provide subsea intervention services offshore Brazil with … Read the full press release

MAN Diesel & Turbo: Norwegian shipowner Ocean Yield ASA orders three ethane-fuelled gas carriers powered by MAN B&W ME-GI low-speed, dual-fuel engine

PRESS RELEASE -- 24, July 2014

Norwegian operator orders three ethane-fuelled gas carriers MUNICH, 24-7-2014 — /EuropaWire/ — Ocean Yield ASA, the Oslo-based shipowner, has placed orders for three LEGCs (Liquefied Ethylene Gas Carriers) of 36,000 cbm capacity, to be built at Sinopacific Offshore & Engineering, China. … Read the full press release