Investment in Suezmax tanker with long-term charter
Ocean Yield AS ("Ocean Yield" or the "Company") is pleased to announce that it has agreed to acquire a 2016-built Suezmax tanker with an 8-year bareboat charter to Nordic American Tankers Ltd. (“NAT”) with a purchase obligation at the end of the charter period. The vessel will be delivered to Ocean Yield during the fourth quarter. NAT is a leading crude tanker company listed on the New York Stock Exchange with a fleet of 20 Suezmax tankers. CEO Andreas Røde said in a comment: "This is the third transaction between Ocean Yield and NAT since 2017, reflecting the strength of the long-term