Investment in two LR2 product tankers with long-term charters: Ocean Yield
STOCKHOLM, Dec. 13, 2021 /PRNewswire/ -- Ocean Yield ASA ("Ocean Yield" or the "Company") is pleased to announce that the Company will invest in two modern LR2 product tankers with 10-year bareboat charters to Scorpio Tankers Inc. ("Scorpio Tankers") with purchase obligations at the end of the charters. The total net purchase price is about USD 70 million, net of seller's credits. The Company expects to take delivery of the vessels during December 2021. Including this investment, Ocean Yield will own six LR2 product tankers with long-term charters to Scorpio Tankers.
Scorpio Tankers Inc. currently owns, finance leases or bareboat charters-in 131 product tankers and is listed on the New York Stock Exchange under the ticker "STNG".
Company contact:
Eirik Eide (CFO), Tel +47 24 13 01 91
Investor Relations contact:
Marius Magelie (SVP Finance & Investor Relations), Tel +47 24 13 01 82
Mercedes-Benz of Arrowhead is excited to announce its exclusive July lease offers on Mercedes-Benz vehicles. These offers provide an exceptional opportunity for drivers in Peoria to experience the luxury and performance of a new Mercedes-Benz. With...
Unifor Local 2002 members and supporters at Calgary International Airport will rally on Friday, July 5 at noon to protest human rights violations by Paladin Security, which has prevented workers from accessing bathroom breaks and water.
"When a...
DJI, the global leader in civilian drones and innovative camera technology, unveiled at Eurobike 2024 the Avinox Drive System, a groundbreaking e-bike drive system poised to redefine the electric mountain bike (eMTB) experience. The Avinox system,...
Mazda Canada Inc. continues its 2025 model year line-up announcements with updates to the Mazda3 sedan and Mazda3 Sport hatchback. The Mazda3 and Mazda3 Sport offer customers a compact...
aiMotive, a global leader in automotive simulation technology, has obtained ISO 26262 certification from TÜV Nord for the latest generation of its simulator, aiSim 5. Originally granted in 2020, aiSim was the world's first simulator for ADAS/AD to...
Intellias, a global software engineering and consulting company, introduces a new partnership with ZENRIN, a leading Japan map data provider, to develop cutting-edge digital maps enriched with Japan map data tailored for modern car navigation...
