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Fifth ULCV Joins Ocean Yields Fleet

first_imgzoom Norwegian shipowner Ocean Yield ASA has taken delivery of MSC Rifaya, a 19,500 TEU containership, from South Korean shipbuilder Samsung Heavy Industries (SHI). Following the delivery which took place on February 9, 2017, the ultra large container vessel (ULCV) commenced a 15-year bareboat charter to Switzerland-based container shipping company Mediterranean Shipping Company (MSC).The 202,000 dwt MSC Rifaya features a length of 399.9 meters and a width of 58.8 meters.This is the fifth vessel to be delivered in a series of mega boxships that Ocean Yield owns in a joint venture with private shipowner Quantum Pacific Shipping, part of Quantum Pacific Group.Ocean Yield acquired a 49.5% equity interest in the newbuildings for a total of USD 162 million in June 2016.SHI handed over the third and fourth ULCVs from the batch, MSC Eloane and MSC Mirjam, in September and November 2016, respectively.The construction of the remaining ULCV is expected to be completed this month, VesselsValue’s data shows.last_img read more

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Panamax Bulker Joins Golden Oceans Fleet

first_imgzoom Nasdaq-listed dry bulk shipping company Golden Ocean Group Limited has taken delivery of one more bulker bought in March this year within a 16-vessel deal.The ship in question is the 74,500 dwt Sea Amber, which will now be renamed Golden Amber.Sea Amber is one of two 2017-built ice class Panamax ships purchased from subsidiaries of Seatankers, an affiliate of Hemen Holding, the company’s largest shareholder.The company has issued 1,650,000 consideration shares to Hemen Holding in exchange for the vessel. Following this transaction, the company’s issued share capital is USD 6,393,649.60 divided into 127,872,992 issued shares, each with a nominal value of USD 0.05.Golden Ocean earlier informed that the duo would be bought in consideration for 3.3 million GOGL shares to fund the equity portion of the acquisition. Hemen Holding would issue a seller credit of USD 22.5 million that matures in June 2019, with no fixed amortization.On a fully-delivered basis, Golden Ocean’s fleet will have an aggregate carrying capacity of around 11 million dwt and an average age of less than 5 years on a dwt basis.last_img read more

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