Aker-owned Ocean Yield invests in ultra large container ships

The Aker-owned shipowner Ocean Yield has bought shares in six new container ships with 19,500 teu each, all currently owned by Quantum Pacific, the company informs in a corporate statement.

BY JOHANNES HARTKOPF-MIKKELSEN

During a time where shipowners are being bombarded with demands for reduced rates from carriers, shipowner Ocean Yield has spent USD 162 million on a stake in six container newbuildings which are under construction at Samsung Heavy Industries and set for delivery in the period from this June to February 2017, informs Ocean Yield in a press release.

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Aker-owned Ocean Yield invests in ultra large container ships

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Kjell Inge Røkke has become Norway's undisputed oil king

Aker enters Solstad Offshore with large capital injection

Introducing Norway's new oil and gas behemoth

Sign up for our newsletter

Front page now

Maritime & Merchant notes fierce competition in loans for shipping

Packed container ships trigger surge in air freight demand

14 arrested at demonstration in front of Maersk headquarters

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Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

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Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

14 arrested at demonstration in front of Maersk headquarters

Dry bulk players dismiss green fuels in favor of low-hanging fruits

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