Delivery of chemical tanker with 15 years charter

Ocean Yield ASA is pleased to announce the delivery of the 49,000 dwt IMO II chemical tanker "Navig8 Tourmaline" from STX, Korea.

After being delivered from the shipyard today, the vessel commenced a 15 years "hell and high water" bareboat charter to Navig8 Chemical Tankers Inc.

This is the seventh vessel delivered in a series of total eight chemical tankers that will be chartered to Navig8 Chemical Tankers Inc.

Company contacts: Lars Solbakken, CEO Phone: +47 24 13 01 90

Eirik Eide, CFO Phone: +47 24 13 01 91

Investor Relations contact: Marius Magelie, SVP Finance & IR Phone: +47 24 13 01 82