Delivery of a gas carrier with long-term charter
Ocean Yield ASA ("Company") is pleased to announce that the Company has taken delivery of the ethylene gas carrier Navigator Aurora today. Upon delivery, the vessel commenced a 13 years’ bareboat charter to Navigator Holdings Ltd. (“Navigator Gas”). The vessel, Navigator Aurora, is a 37,300 cbm ethylene gas carrier that was built in 2016. This state-of-the-art vessel is operating on a sub-charter to the European chemical group Borealis for the transportation of ethane from the U.S. East Coast to Europe until December 2026. The propulsion and electrical systems are designed to use LNG as