First quarter results 2024
Fornebu, 15[th] May 2024, Ocean Yield AS (“Ocean Yield” or the “Company”) announces results for the first quarter 2024. Highlights · EBITDA for Q1 2024 was USD 59.1 million and Adjusted EBITDA was USD 96.8 million. · Net profit for Q1 2024 was USD 23.2 million. · Strong balance sheet, with an equity ratio of 32.4% and USD 215.3 million in available liquidity. · The Company took delivery of a newbuilding container vessel with seven-year time charter. · The Company took delivery of the second 2022-built Suezmax tanker with 14-year bareboat charter to guaranteed