OCY: Delivery of handysize dry bulk newbuilding with long-term charter
2019-09-27 12:57:02
Ocean Yield ASA is pleased to announce the delivery of the handysize dry bulk
vessel "Interlink Eternity" from the yard today.
Upon delivery the vessel commenced a 10 years' bareboat charter to a company
owned and guaranteed by Interlink Maritime Corp ("Interlink Maritime").
Including this vessel, Ocean Yield will own six vessels on long-term charter to
Interlink Maritime.
Interlink Maritime is an owner and provider of dry bulk vessels to agricultural
and industrial commodities companies, shipping companies and other end-users. It
was founded in 1979 by Paul Gurtler and owns a fleet of 28 handysize vessels.
The company is majority owned by The Carlyle Group, which is a global
alternative asset manager with USD 223 billion of assets under management across
362 investment vehicles.
Company contact:
Eirik Eide (CFO), Tel +47 24 13 01 91
Investor Relations contact:
Marius Magelie (SVP Finance & Investor Relations), Tel +47 24 13 01 82
Company information:
Ocean Yield ASA is a ship owning company with investments in vessels on long
-term charters. The company has a significant contract backlog that offers
visibility with respect to future earnings and dividend capacity.