Ocean Yield Adds New VLCC with Charter

Norway-based shipping company Ocean Yield ASA announced that it has taken delivery of the VLCC "Nissos Santorini".

The vessel was delivered from the yard Hyundai Heavy Industries in South Korea and is the third in a series of four VLCCs that will be delivered to the Company in 2019, it said.

"Upon delivery, the vessel commenced a 15 years' bare-boat charter to Okeanis Eco Tankers Corp  with a 5 years' sub-charter to Koch Shipping Pte. Ltd," it said in a press release.

Okeanis Eco Tankers was established in 2018 by the Alafouzos family to take over its fleet of modern tanker vessels and tanker new-buildings. With seven tankers built 2015 to 2018 and eight VLCCs for delivery in 2019, the company will focus on eco-designed vessels fitted with scrubbers.