Page 17 - Ocean Yield News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 lease effects was USD 67.6 million. Net profit for the period Q4 2020 was negative USD 51.7 million....

/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 Yield's 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 should've kept the vessel busy until March 2030. "Louis Dreyfus Armateurs has declared an option to sell La Loirais to an unrelated third party and the transaction was completed today," Ocean Yiel...