Ocean Yield Announces Delivery of Dry Bulk Newbuilding

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Ocean Yield ASA on Friday announced the delivery of the handysize dry bulk vessel “Interlink Eternity” from the yard on the same day.

Upon delivery the vessel commenced a 10 years’ bareboat charter to a company owned and guaranteed by Interlink Maritime Corp (“Interlink Maritime”). Including this vessel, Ocean Yield will own six vessels on long-term charter to Interlink Maritime.

Interlink Maritime is an owner and provider of dry bulk vessels to agricultural and industrial commodities companies, shipping companies and other end-users. It was founded in 1979 by Paul Gurtler and owns a fleet of 28 handysize vessels.

The company is majority owned by The Carlyle Group, which is a global alternative asset manager with USD 223 billion of assets under management across 362 investment vehicles.

Sea News, September 30

Baibhav Mishra
Author: Baibhav Mishra