Røkke's Ocean Yield in huge VLCCs and dry bulk investment

Shipowner Ocean Yield, part of Kjell Inge Røkke's Aker Group, acquired 11 vessels in the first quarter and raised fresh capital for additional investments.

Photo: PR-foto/Aker

Kjell Inge Røkke's Ocean Yield expanded its fleet in the first quarter, as the shipowner invested in 11 ships during the period, according to an update published in relation to the first quarter interim report.

"The first quarter was dominated by high investment activity, with the announcement of investment in another 11 vessels on long-term charters, being four VLCCs and seven dry-bulk vessels," says CEO Lars Solbakken:

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