Reference is made to the press release dated 21 August 2020, where Ocean Yield ASA announced that it had agreed to sell its 75% equity stake in the vessel “SBM Installer” to SBM Holding Inc.
The sale has today been successfully completed.
Eirik Eide (CFO), Tel +47 24 13 01 91
Investor Relations contact:
Marius Magelie (SVP Finance & Investor Relations), Tel +47 24 13 01 82
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.