Røkke sells Ocean Yield to US-based asset manager

Shipping magnate Kjell Inge Røkke sells his shipowning company Ocean Yield to a US-based asset manager for more than USD 800 million.

by DANIEL LOGAN

Norwegian Kjell Inge Røkke is putting the finishing touches on a sale of shipowner Ocean Yield to a US-based investor.

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Røkke sells Ocean Yield to US-based asset manager

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Ship sales weigh down Røkke's Ocean Yield in fourth quarter

Kjell Inge Røkke overtaken as Norway's richest person

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Front page now

Multiple arrests as protestors block entrance to Maersk HQ

Maritime & Merchant notes fierce competition in loans for shipping

Liner companies pay soaring sums for charter deals

Maersk Supply Service aims to quadruple profits

Norwegian car carriers bag multi-year contracts

Packed container ships trigger surge in air freight demand

Record influx of container ships this year will not cause trouble until 2025

Shipbroker BRS appoints Gilbert Walter as chairman

Spot prices for container freight continue to rise

IMO's fossil fuel ban in the Arctic faces criticism

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Multiple arrests as protestors block entrance to Maersk HQ

Maersk Supply Service aims to quadruple profits

Spot prices for container freight continue to rise

Liner companies pay soaring sums for charter deals

MSC urges liner companies to invest in more ships despite fears of oversupply

Jobs