Ocean Yield AS has announced the purchase a 5,500 TEU container vessel newbuilding

• By Ocean Yield AS - Media Release
• Jul 22, 2022

Ocean Yield AS has announced that the Company has agreed to purchase a 5,500 TEU container vessel newbuilding under construction at HJ Shipbuilding, Korea. The vessel will be a sister vessel to the newbuilding announced on 10 June 2022, with a design enabling it to be converted to dual fuel operation with methanol as fuel.

Delivery of the vessel is expected in May 2023. Upon delivery, the vessel will commence a seven-year timecharter contract to ZIM Integrated Shipping Services Ltd. which will add approximately USD 80 million to the Company’s EBITDA backlog.

 

Note: Captioned image is for illustration purpose only. Image courtesy (Ocean Yield AS Media Handle)

• Tags
• # newbuild
• # vessels
• # shipbuiding