Page 9 - Ocean Yield News Today

Ocean Yield ASA Reports Fourth Quarter Adjusted Net Profit of $21.6 Million Ocean Yield ASA announces results for the fourth quarter and preliminary results for the year ending 31st December 2020. Highlights The Board of Directors has declared a dividend of USD 5.30 cents per share. This is an increase of USD 0.15 cents compared to the previous quarter and is the 30th consecutive quarterly dividend declared by the Company. EBITDA for Q4 2020 was USD 46.3 million and EBITDA adjusted for finance ...

/PRNewswire/ -- Please find attached the Q4 2020 presentation to be held tomorrow 16th February 2021 by webcast. Webcast Time: 09:00 CET, 16th February 2021...

Ocean Yield: 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. In the charter contract, Scorpio Bulkers Inc. has an option to sell SBI Virgo to an unrelated third party, which has now been declared. Ocean Yield ASA will receive proceeds of about USD 20 million and record a small book profit from the sale. Delivery of the vessel is expected during Q1 2021. Source: Ocean Yield ASA 2021-01-29

SBI Lynx is a kamsarmax dry bulk vessel built in 2018 and employed on a long-term charter to Scorpio Bulkers Inc. Scorpio Bulkers Inc. has declared an option to sell SBI Lynx to an unrelated third party. Ocean Yield ASA will receive proceeds of USD about 22 million and record a small book profit from ...

Ocean Yields Dry Bulk Vessel La Loirais Sold Maritime Activity Reports, Inc. Image by - . rainville/MarineTraffic French shipping firm Louis Dreyfus Armateurs has sold the "La Loirais" bulk-carrier to an unnamed third party. The news of the sale was shared by Ocean Yield. Vessel owner Ocean Yield and Louis Dreyfus Armateurs in 2018 entered a long term charter for the handysize dry bulk vessel that shouldve kept the vessel busy until March 2030. "Louis Dreyfus Armateurs has declared an option to...

Connector [Photo; Jan de Nul/Christopher Petersen] Luxembourg-based Jan De Nul Group reports that it is the buyer of the of the offshore construction and cable-lay vessel Connector. Last Friday, vessel owning company Ocean Yield ASA disclosed that it had sold the vessel and that it would record a non-cash book loss of $70 million on the sale. “The Connector was operating on a long-term bareboat charter until February 2017,” says Andreas Reklev, SVP Investments of Ocean Yield ASA, “In an...

**[FREE eBOOKs] Have You Downloaded Marine Insights 12 FREE Maritime eBooks?        Click Here To Download Now You are here: Home › Shipping News › Jan De Nul Acquires Ocean Yield’s Multipurpose Subsea Cable And Flex-Lay Vessel Connector Jan De Nul Acquires Ocean Yield’s Multipurpose Subsea Cable And Flex-Lay Vessel Connector December 12, 2020 TwitterFacebookLinkedInPinterestBuffer Jan De Nul Group has signed on 4 December 2020 an agreement for the purchase of the Offshore Const...

Ocean Yield Sells Connector Vessel to Jan De Nul Maritime Activity Reports, Inc. Image by Christopher Petersen/via Jan De Nul Luxembourg-based marine services company Jan De Nul Group has agreed to buy the offshore construction and cable-lay vessel Connector from Ocean Yield. The vessel will be officially transferred during the fourth quarter of 2020. The Connector, previously known as Lewek Connector, is an advanced subsea construction & cable-lay vessel that was operating on a long-term bareb...

Jan De Nul acquires Ocean Yield’s Multipurpose Subsea Cable- and Flex-Lay Vessel Connector Jan De Nul Group has signed on 4 December 2020 an agreement for the purchase of the Offshore Construction and Cable-Lay Vessel Connector from Ocean Yield ASA. This marks a further investment in the offshore installation capacities of the Luxembourg based maritime contractor. The vessel will be officially transferred during the fourth quarter of 2020. With a focus on delivering the next generation offsho...