Ocean Yield invests in Suezmax tanker with long-term charter

Image: MarineTraffic.com/V. Tonic

Norway’s Ocean Yield has invested in a 2016-built Suezmax tanker for US$56 million with a 13-year bareboat charter to Okeanis Eco Tankers of Greece.

Milos was built by South Korea’s Sungdong Shipbuilding and is a sister vessel to Poliegos, another Suezmax vessel owned by Ocean Yield.

The vessel will be delivered to the company during the first quarter of 2019. Okeanis will have certain options to acquire the vessel during the charter period.


Baird Maritime

The best maritime site on the web. The sea's our scene!