Ocean Yiels Announces Acquisition of 49.9% interest in one dual-fuel container vessel with 18-year charter
Ocean Yield ASA (“Ocean Yield”) has agreed to acquire 49.9% equity interest in one dual-fuel newbuilding container vessel with 18-year bareboat charter to a major European container line.
The vessel, with a capacity of 15,300 TEUs is under construction at Hyundai Heavy Industries in Korea and is expected to be delivered in Q3 2022. The vessel will be fitted with a dual-fuel engine and will be able to operate on LNG. The vessel will commence its 18- year bareboat charter to a major European container line upon delivery.
The investment will be made through Box Holdings Inc., a joint venture between Ocean Yield and Quantum Pacific Shipping formed in 2016, which already owns six mega container vessels with long-term charters. The transaction is subject to final documentation.
Acquisition of 49 9% interest in one dual-fuel container vessel with 18-year charter
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Ocean Yield becomes co-owner of dual-fuel boxship
offshore-energy.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from offshore-energy.biz Daily Mail and Mail on Sunday newspapers.
Ocean Yield acquires equity in LNG-fuelled container vessel
lngindustry.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lngindustry.com Daily Mail and Mail on Sunday newspapers.