Ocean Yield Sells Connector Vessel To Jan De Nul : vimarsana

Ocean Yield Sells Connector Vessel To Jan De Nul


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 bareboat charter until February 2017. 
Ocean Yield has, expecting a market recovery, for the past years traded the vessel in the short-term market. As the market has remained challenging, Connector has contributed negatively to both net profit and cash flow, Ocean Yield said.

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