Ocean Yield ASA (“the Company”) is pleased to announce that it has taken delivery of the VLCC “Nissos Despotiko” today. 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