OCY: EXTENSION OF STANDSTILL AGREEMENT WITH SOLSTAD OFFSHORE FOR THE VESSELS FAR SENATOR AND FAR STATESMAN
2020-05-01 09:33:19
With reference to Ocean Yield ASA's ("Ocean Yield") press release on 31 March
2020, subsidiaries of Ocean Yield have agreed to extend the standstill period
with certain subsidiaries of Solstad Offshore ASA for the vessels Far Senator
and Far Statesman up to and including 8 May 2020.
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.