Delivery of chemical carrier with 12 years charter

05 Oct 2016

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 credit of USD 6.0 million. After being delivered yesterday, the vessel commenced a 12 years bareboat charter to Navig8 Ltd. Ocean Yield ASA has now taken delivery of thirteen vessels so far this year. Company contacts: Lars Solbakken, CEO of Ocean Yield ASA Phone: +47 24 13 01 90 Eirik Eide, CFO of Ocean Yield ASA Phone: +47 24 13 01 91 Investor Relations contact: Marius Magelie, SVP Finance & IR Phone: +47 24 13 01 82