(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
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Norway, Technology, Transportation & Logistics
Tagged Andreas Røde, EBITDA backlog, investment grade energy company, LNG carriers, LNG shipping, long-term time charters, maritime investment, newbuilding vessels, Nippon Yusen Kabushiki Kaisha, Norwegian Securities Trading Act, NYK Line, Ocean Yield AS, Ocean Yield Partners with NYK Line on Four New LNG Carriers Backed by Long-Term Charters, Ocean Yield Strengthens LNG Strategy with Major Newbuilding Investment Alongside NYK Line, South Korea shipyards
(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
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, News, Norway, Technology, Transportation & Logistics
Tagged Access Capital Partners, acquisition, Andreas Røde, EBITDA backlog, FLS, France LNG Shipping, Geogas LNG, Geogas Maritime, LNG carriers, LNG sector, long-term charters, NYK, Ocean Yield, partnership, sustainabulity, tier-one European energy companies
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