Ocean Yield Adds Fifth Crude Tanker

Maritime Activity Reports, Inc.

February 7, 2019

Image: Ocean Yield

Image: Ocean Yield

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”.

Maritime Reporter Magazine Cover May 2019 - Propulsion Annual - Green Marine Tech

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News