Ocean Yield Adds Another VLCC Newbuild

Maritime Activity Reports, Inc.

July 25, 2019

Image: Ocean Yield

Image: Ocean Yield

Norway-based shipping company Ocean Yield has taken delivery of Nissos Antiparos, a VLCC newbuild delivered from Hyundai Heavy Industries in South Korea, the fourth and final VLCC that has been delivered to the company in 2019.

The VLCC commenced a 15 years' bareboat charter to Okeanis Eco Tankers Corp with a 5 years' sub-charter to Koch Shipping Pte. Ltd.

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 under the ticker "OET".

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