Ocean Yield acquires 5,500TEU newbuilding from Korean yard

Photo: Ocean Yield

Ocean Yield has agreed to purchase a 5,500TEU container vessel newbuilding under construction at HJ Shipbuilding in South Korea.

Ocean Yield said the vessel is built with a design enabling it to be converted to dual-fuel operation with methanol as fuel.

Delivery of the vessel is scheduled for November 2023. Upon delivery, the vessel will commence a seven-year time charter contract to ZIM Integrated Shipping Services.

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