Ocean Yield Takes Delivery of Two Ships

Maritime Activity Reports, Inc.

May 21, 2019

Image: Ocean Yield ASA

Image: Ocean Yield ASA

Norway-based ship owning company Ocean Yield ASA has taken delivery of two 2017-built Ultramax dry bulk vessels.

The Ultramax ships  are "SBI Libra" and "SBI Virgo", both of which were built in 2017.

Upon delivery, the vessels commenced 11 years' bareboat charter to Scorpio Bulkers Inc, said a press release.

Ocean Yield has further committed to part finance the installation of scrubbers on both vessels, which is expected in early 2020.

Ocean Yield ASA is a ship owning company with investments in vessels on long -term charters.

Scorpio Bulkers is a leading international provider of marine transportation of dry bulk commodities that currently owns and operates a fleet of 57 modern dry bulk vessels, specifically Ultramax and Kamsarmax vessels.

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