Fornebu, 24th May 2023, Ocean Yield AS (“Ocean Yield” or the “Company”) announces results for the first quarter of 2023.
Andreas Røde, CEO of Ocean Yield, said in a comment:
“I am proud to announce that Ocean Yield has delivered another quarter of solid performance. During the quarter focus has been on securing attractive long-term financing for our newbuilding vessels and proactively refinancing several secured and unsecured loan facilities. I am also pleased with finding an attractive long-term solution for our two AHTS vessels, which will reduce earnings volatility in line with our strategy. Once the vessels are delivered to Viking Supply Ships AB in the second half of 2023, 100% of our fleet will be on long-term charters. Given our strong balance sheet and cash position, we actively evaluate growth opportunities.”