Ocean Yield Buying New Handysize Bulker with Long-Term Charter

first_imgNorway-based shipping company Ocean Yield has reached an agreement to acquire one Handysize dry bulk newbuilding, scheduled for delivery by the end of September 2019.Ocean Yield said that the unit would be purchased at a price of USD 18 million net of pre-paid charter hire.The vessel has a 10-year bareboat charter to a company owned and guaranteed by Interlink Maritime Corp, an owner and provider of dry bulk vessels to agricultural and industrial commodities companies.Interlink will have certain options to either sell or acquire the vessel during the charter period.Including this vessel, Ocean Yield will own six vessels on long-term charter to Interlink Maritime, that owns a fleet of 28 Handysize vessels.last_img

AFCON 2015: Black Stars handed Gyan return boost

first_imgGhana got a timely boost ahead of their crucial game against Algeria with the return to training of captain Asamoah Gyan, Tuesday.The Al Ain ace missed the opening Group C defeat to Senegal on Monday due to a “mild bout of malaria”.Gyan was sorely missed in the game as the Black Stars threw away an early lead to lose 1-2 to Senegal.Avram Grant’s side is  likely to profit from the return of their prolific captain for Friday’s must-win clash against Algeria.Gyan did some light shake up with the team on Tuesday at a session which was closed to the media and the public.The 29-year-old is expected to return to full-scale training with the side in the coming days ahead of the game against Algeria. Ghana is desperate for a win following their opening group defeat to Senegal to resurrect their campaign in Equatorial Guinea.The Black Stars face an early exit if they are unable to secure the desired result against the tournament favourites on Friday.last_img read more