27 September 2019
Ocean Yield ASA is pleased to announce the delivery of the handysize dry bulk vessel "Interlink Eternity" from the yard today.
Upon delivery the vessel commenced a 10 years' bareboat charter to a company owned and guaranteed by Interlink Maritime Corp ("Interlink Maritime").
Including this vessel, Ocean Yield will own six vessels on long-term charter to Interlink Maritime.
Interlink Maritime is an owner and provider of dry bulk vessels to agricultural and industrial commodities companies, shipping companies and other end-users.
It was founded in 1979 by Paul Gurtler and owns a fleet of 28 handysize vessels.
The company is majority owned by The Carlyle Group, which is a global alternative asset manager with USD 223 billion of assets under management across 362 investment vehicles.
Ocean Yield ASA is a ship owning company with investments in vessels on long -term charters.
The company has a significant contract backlog that offers visibility with respect to future earnings and dividend capacity.
Ocean Yield ASA press release