Search results for: ocean-yield

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  • 27 August 2019
    Business & Finance

    The net proceeds would be used for general corporate purposes including new investments.

  • 29 March 2018
    Business & Finance

    Ocean Yield takes delivery of its recently purchased bulkers.

  • 29 December 2017

    Ocean Yield is currently in negotiations regarding further investments in modern vessels with long term charters.

  • 13 July 2016
    Business & Finance

    The Oslo-listed Ocean Yield ASA has seen its total revenues for the second quarter of 2016 rise to USD 70.1 million, compared with USD 63.2 million reported in the same period a year earlier, following the delivery of three vessel on long-term charter. Namely, the company added the chemical tanker Navig8 Turquoise, the LR2 product tanker Navig8 Steadfast and the car carrier […]

  • 3 November 2017
    Business & Finance

    Although the Norwegian shipowner Ocean Yield saw a rise in its revenue for the three months ended September 30, 2017, the company’s net profit was slightly down in the period. Namely, Ocean Yield’s revenue and other income for the three-month period increased to USD 88.8 million from USD 76.2 million seen in the third quarter of 2016. […]

  • 20 June 2017
    Business & Finance

    Ocean Yield, a Norwegian ship owning company with investments in vessels on long-term charters, has upgraded from the Pink market and qualified to trade on the OTCQX Best Market.  OTC Markets Group operates the OTCQX Best Market, the OTCQB Venture Market, and the Pink Open Market for 10,000 U.S. and global securities. Ocean Yield’s ordinary […]

  • 9 June 2017
    Business & Finance

    Norwegian ship owner Ocean Yield ASA has purchased a new Suezmax tanker with 14-year bareboat charter to a company owned and guaranteed by Okeanis Marine Holdings SA. Being bought for a consideration of USD 54 million, the 2017-built tanker will be delivered to Ocean Yield within June 2017. The vessel in question is the 157,500 dwt Poliegos, […]

  • 17 February 2017
    Business & Finance

    Norwegian shipowner Ocean Yield ASA said it is financially well-positioned for new investments in vessels with long-term charter, following a sale of bonds in American Shipping Company ASA (AMSC).  “Several shipping segments show indications of bottoming out and orders for new vessels remain low. This, in combination with historically low vessel values, may provide opportunities […]

  • 14 July 2017
    Business & Finance

    Norwegian ship owner Ocean Yield ASA has seen an improvement in its earnings for the second quarter ended June 30, 2017 on the back of an increase in its fleet. Namely, net profit after tax for the quarter was at USD 30.6 million, against USD 25.5 million reported in the same period in 2016. Net profit […]

  • 12 February 2018
    Business & Finance

    Ocean Yield to acquire four very large crude carriers (VLCCs) with 15-year bareboat charters.

  • 9 May 2017
    Business & Finance

    Norwegian ship-owner Ocean Yield ASA has seen its net profit reach USD 36.8 million in the first quarter of 2017, compared to USD 18.6 million seen in the corresponding period in 2016. The company’s revenues for the period increased to USD 78.6 million from USD 66.1 million reported in the quarter ended March 31, 2016, positively affected […]

  • 3 November 2016
    Business & Finance

    The delivery of another five newbuilding vessels during the third quarter of 2016 has pushed up the revenues of Norwegian ship-owner Ocean Yield ASA to USD 76.2 million for the period from USD 65.3 million reported in the third quarter of 2015. During the quarter the company expanded its fleet with the container vessels MSC Diane, MSC Ingy […]

  • 2 November 2018
    Business & Finance

    Ocean Yield delivered stronger net profit in the third quarter of 2018, but predicted weaker results ahead.

  • 28 February 2018
    Business & Finance

    Ocean Yield ASA invests in five Handysize dry bulkers with 10-year bareboat charters.

  • 13 July 2018
    Business & Finance

    Ocean Yield signed several new loan agreements, totaling around 330 million, during the second quarter of 2018.

  • 5 July 2018
    Business & Finance

    Ocean Yield ASA has taken  delivery of four 2014 built 3,800 TEU container vessels.

  • 4 May 2018
    Business & Finance

    Ocean Yield’s revenues increased to USD 66.3 million in the first quarter of 2018 driven by vessel deliveries.

  • 29 December 2017
    Business & Finance

    Ocean Yield is in negotiations related to further investment in vessels with long term charters.

  • 8 April 2019
    Business & Finance

    Ocean Yield is to acquire two Ultramax dry bulk vessels for USD 42 million net of a seller’s credit.

  • 20 December 2018
    Business & Finance

    Ocean Yield has entered into a standstill agreement with Solstad Offshore for two anchor handlers built in 2013.

  • 11 April 2016
    Business & Finance

    Oslo-listed ship owning company Ocean Yield ASA has received a commitment letter from a group of banks for a USD 202.5 million credit facility for the financing of the three liquefied ethylene gas carriers. The three LEG carriers of 36,000 cbm capacity, being built at Sinopacific Offshore & Engineering, China, are scheduled for delivery in August, […]

  • 29 December 2017
    Business & Finance, Operations & Maintenance

    Oslo-listed offshore vessel owner Ocean Yield has said it is currently in negotiations regarding further investments in modern vessels with long-term charters. The investments are still subject to board approval and agreement on documentation, the Norway-based company said. Ocean Yield said it expects that final decisions with respect to these investments will be made during […]