Completion of sale of Connector

16 Dec 2020

Reference is made to the press release dated 4 December 2020, where Ocean Yield ASA announced that it had agreed to sell the offshore construction and cable-lay vessel Connector to a third party. 

The sale has today been successfully completed and the vessel delivered to its new owner.

Company contact:

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Marius Magelie (SVP Finance & Investor Relations), Tel +47 24 13 01 82

Company information:

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.