LogIn LogOut

Ocean Yield Takes Delivery of New VLCC

June 11, 2019

Nissos Despotiko. Photo: Ocean Yield ASA
Nissos Despotiko. Photo: Ocean Yield ASA

Norway-based ship owning company Ocean Yield ASA has taken delivery of the very large crude carriers (VLCC) Nissos Despotiko.

The vessel was delivered from the yard Hyundai Heavy Industries in South Korea and is the second in a series of four VLCCs that will be delivered to the Company in 2019.

Upon delivery, the vessel commenced a 15 years' bareboat charter to Okeanis Eco Tankers Corp (Okeanis Eco Tankers) with a 5 years' sub-charter to Koch Shipping Pte. Ltd.

Okeanis Eco Tankers was established in 2018 by the Alafouzos family to take over its fleet of modern tanker vessels and tanker newbuildings.

With seven tankers built 2015 to 2018 and eight VLCCs for delivery in 2019, the company will focus on eco-designed vessels fitted with scrubbers. The company is listed on the Oslo Stock Exchange under the ticker "OET".



Current News

Russia Expecting Oil Output Bump

Russia Expecting Oil Output Bump

VOS Champion Starts New Charter

VOS Champion Starts New Charter

Fugro Completes Deepwater AUV Survey for Shell

Fugro Completes Deepwater AUV Survey for Shell

China to Launch State Pipeline Group

China to Launch State Pipeline Group

Neptune Buys East Sepinggan Stake

Neptune Buys East Sepinggan Stake

EnQuest Awarded Block PM409 PSC

EnQuest Awarded Block PM409 PSC

Tendeka Launches One-trip Remedial System

Tendeka Launches One-trip Remedial System

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week