Ocean Yield Adds Fifth Crude Tanker

Norwegean shipping company Ocean Yield  has taken delivery of the modern suezmax crude tanker “Milos” yesterday (February 07).

The vessel was built in 2016 by Sungdong Shipbuilding in Korea and is a sister vessel to “Poliegos”, another Suezmax vessel owned by Ocean Yield, the ship owning company with investments in vessels on long-term charters.

The vessel commenced a 13 years’ bareboat charter to Okeanis Eco Tankers Corp (“Okeanis Eco Tankers”) upon delivery.

Okeanis Eco Tankers was established in 2018 by the Alafouzos family to take over its fleet of modern tanker vessels and tanker newbuildings.

With seven tankers built 2015 to 2018 and eight VLCCs for delivery in 2019, the company will focus on eco-designed vessels fitted with scrubbers. The company is listed on the Oslo Stock Exchange Merkur Markets under the ticker “OET-ME”.