Ocean Yield

TekBot · november 6, 2018, 7:33am

http://www.netfonds.no/quotes/release.php?id=20181106.OBI.20181106S26

TekBot · november 22, 2018, 12:42pm

22/11-2018 13:41:47: (OCY) Renteregulering

TekBot · desember 20, 2018, 1:03pm

20/12-2018 14:02:19: (OCY) Renteregulering

TekBot · desember 20, 2018, 1:43pm

20/12-2018 14:42:28: (OCY) OCY - Standstill agreement with Solstad Offshore ASA for the vessels Far Senator and Far Statesman

Ocean Yield ASA (“Ocean Yield”) has together with the secured lenders to certain
subsidiaries of Solstad Offshore ASA that previously were part of the Farstad
Shipping Group, entered into a 6 month standstill period with respect to payment
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of interest, instalments and charter hire. To the extent the cash in these
subsidiaries exceeds NOK 300 million on a consolidated basis, the excess amount
will be used for settlement of the delayed payments on a pro rata basis. During
the standstill period Solstad Offshore ASA intends to implement a financial
restructuring of the company.

Ocean Yield will in connection with the Q4 2018 results consider if it is
necessary to make an impairment of the book value of the vessels Far Senator and
Far Statesman.
Company contact:

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Marius Magelie (SVP Finance & IR), Tel +47 24 13 01 82
Company information:

Ocean Yield ASA is a ship owning company with investments in vessels on long
-term charters. The company has a significant contract backlog that offers
visibility with respect to future earnings and dividend capacity.

http://www.netfonds.no/quotes/release.php?id=20181220.OBI.20181220S154

TekBot · januar 16, 2019, 11:01am

16/01-2019 12:00:16: (OCY) Investment in Suezmax tanker with long-term charter

Ocean Yield ASA (“Ocean Yield” or “Company”) is pleased to announce that the
Company has agreed to acquire a modern Suezmax tanker for a consideration of USD
56.0 million with 13-year bareboat charter to Okeanis Eco Tankers Corp ("Okeanis
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Eco Tankers"). The purchase price includes a seller’s credit of USD 7.0 million,
giving a net purchase price of USD 49.0 million.

The vessel, “Milos”, was built in 2016 by Sungdong Shipbuilding in Korea and is
a sister vessel to “Poliegos”, another Suezmax vessel owned by Ocean Yield. The
vessel will be delivered to the Company during Q1 2019. Okeanis Eco Tankers will
have certain options to acquire the vessel during the charter period.

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 Merkur Markets under the ticker “OET-ME”.

Ocean Yield ASA’s Chief Executive Officer Lars Solbakken said in a comment: “We
are pleased to expand our relationship with Okeanis Eco Tankers with the
acquisition of another modern Suezmax tanker. The Company now have two suezmaxes
and four VLCC newbuildings with delivery in 2019 on long-term charter to Okeanis
Eco Tankers. The four VLCCs will all enter into time charter contracts to Koch
Shipping upon delivery.”
Company contact:

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Marius Magelie (SVP Finance & IR), Tel +47 24 13 01 82
Company information:

Ocean Yield ASA is a ship owning company with investments in vessels on long
-term charters. The company has a significant contract backlog that offers
visibility with respect to future earnings and dividend capacity.

http://www.netfonds.no/quotes/release.php?id=20190116.OBI.20190116S37

TekBot · januar 25, 2019, 12:37pm

25/01-2019 13:36:25: (OCY) Renteregulering

m1.k1 · januar 25, 2019, 5:17pm

Lurer på hvor mange av Solstad Farstad båtene Ocean Yield ender opp med hvis SOFF går konk

TekBot · januar 30, 2019, 10:05am

30/01-2019 11:04:20: (OCY) Invitation to presentation of Q4 2018 results

Ocean Yield ASA will publish its fourth quarter 2018 results on the Oslo Stock
Exchange on Tuesday 12th February 2019 at about 20.00 CET. We invite all
investors and other interested parties to attend the presentation on Wednesday
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13th February 2019.

Presentation:

· Date: Wednesday 13th February 2019
· Time: 09:00 CET
· Location: The Thief, Tjuvholmen, Oslo
· Webcast: http://webtv.hegnar.no/presentation.php?webcastId=97599151
· Webpage: www.oceanyield.no/ir and www.newsweb.no
Company contact:

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Marius Magelie (SVP Finance & IR), Tel +47 24 13 01 82
Company information:

Ocean Yield ASA is a ship owning company with investments in vessels on long
-term charters. The company has a significant contract backlog that offers
visibility with respect to future earnings and dividend capa

http://www.netfonds.no/quotes/release.php?id=20190130.OBI.20190130S34

TekBot · februar 7, 2019, 11:34am

07/02-2019 12:33:14: (OCY) Delivery of suezmax crude tanker with 13-year charter

Ocean Yield ASA (“Ocean Yield”) is pleased to announce that it has taken
delivery of the modern suezmax crude tanker “Milos” today. The vessel was built
in 2016 by Sungdong Shipbuilding in Korea and is a sister vessel to “Poliegos”,
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another Suezmax vessel owned by Ocean Yield.

The vessel commenced a 13 years’ bareboat charter to Okeanis Eco Tankers Corp
(“Okeanis Eco Tankers”) upon delivery.

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 Merkur Markets under the ticker “OET-ME”.
Company contact:

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Marius Magelie (SVP Finance & IR), Tel +47 24 13 01 82
Company information:

Ocean Yield ASA is a ship owning company with investments in vessels on long
-term charters. The company has a significant contract backlog that offers
visibility with respect to future earnings and dividend capacity.

http://www.netfonds.no/quotes/release.php?id=20190207.OBI.20190207S64

TekBot · februar 12, 2019, 7:11pm

12/02-2019 20:10:45: (OCY) Ocean Yield ASA enters into option agreement with Aker Energy AS for a long-term bareboat charter of the FPSO Dhirubhai-1

Ocean Yield ASA (“Ocean Yield” or the “Company”) is pleased to announce that the
Company today has entered into an agreement with Aker Energy AS (“Aker Energy”),
where Aker Energy has an option to bareboat charter the FPSO Dhirubhai-1 for a
…

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period of 15 years. If the option is exercised, the FPSO is intended to be used
for an early-production project offshore Ghana.

Aker Energy will pay USD 3 million for the option, that can be exercised before
1st May 2019. In addition, Aker Energy can extend the initial option-period by
another 30 days against additional compensation. If the option is exercised,
Ocean Yield will finance the modification of the FPSO against a competitive
charter rate that reflects the book value of the unit and the cost of the
modification. Ocean Yield will not be exposed to risks related to the
modification or be involved in the operation of the vessel.

Furthermore, the majority of the personnel in Aker Floating Production AS will
be hired by Aker Energy until 1st May 2019. Aker Energy has an option to offer
employment to the personnel upon expiry of the option period.

Ocean Yield’s Chief Executive Officer Lars Solbakken said in a comment: “We are
pleased to announce that we have entered into an option agreement with Aker
Energy for a 15-year bareboat charter for the FPSO Dhirubhai-1 for their planned
early oil production offshore Ghana. If the option is exercised, we expect some
revenues from the FPSO already this year and increased revenue contribution from
first oil, which is targeted in 2021.”

Aker Energy is, through its subsidiary in Ghana, the operator of the Deepwater
Tano Cape Three Points (DWT/CTP) block offshore Ghana with a 50% participating
interest.
Company contact:

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Marius Magelie (SVP Finance & IR), Tel +47 24 13 01 82
Company information:

Ocean Yield ASA is a ship owning company with investments in vessels on long
-term charters. The company has a significant contract backlog that offers
visibility with respect to future earnings and dividend capaci

http://www.netfonds.no/quotes/release.php?id=20190212.OBI.20190212S106

Mr_Bane · februar 12, 2019, 7:14pm

Så bra, da var tvilen i veldig stor grad borte

TekBot · februar 12, 2019, 7:42pm

12/02-2019 20:41:14: (OCY) Ocean Yield ASA: Fourth quarter 2018 Report

Fornebu, 12th February 2019, Ocean Yield ASA (“Ocean Yield” or the “Company”)
announces results for the fourth quarter ending 31st December 2018 and
preliminary results for the year ending 31st December 2018.
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Highlights

· Declared a dividend of USD 0.1910 per share for Q4 2018. This is the 22nd
consecutive quarterly dividend since the IPO of the Company in 2013.
· Acquisition and delivery of two 2015-built 37,000 dwt IMO II chemical
tankers with 12-year bareboat charters to Ardmore Shipping Corporation.
· Delivery of the third newbuilding suezmax tanker with long-term charter to
Nordic American Tankers Ltd.
· Post quarter end, acquisition and delivery of one modern Suezmax tanker for
a consideration of USD 56.0 million with 13-year bareboat charter to Okeanis Eco
Tankers Corp.
· Also post quarter end, an agreement has been entered into with Aker Energy
AS (“Aker Energy”), where Aker Energy will pay USD 3 million for an option to
bareboat charter the FPSO Dhirubhai-1 for 15-years for oil and gas production in
Ghana.
· Net profit after tax for the year 2018 was USD 58.4 million and Adjusted net
profit was USD 121.6 million.
· Q4 2018 showed a Net loss after tax of USD 49.9 million and Adjusted net
profit was USD 12.5 million. The results in the fourth quarter were negatively
impacted by impairments, write downs and provisions totalling USD 51.8 million.
In addition to these extraordinary items, there was depreciation and operating
expenses on the FPSO of USD 10.5 million in the quarter.
· EBITDA for Q4 2018 was USD 35.5 million and EBITDA adjusted for finance
lease effects was USD 51.3 million. These figures include a write-down of
receivables of USD 19.5 million.

Lars Solbakken, CEO of Ocean Yield, said in a comment:
“We are pleased to announce that we have entered into an option agreement with
Aker Energy AS for a 15-year bareboat charter for the FPSO Dhirubhai-1 for oil
and gas production in Ghana. If the option is exercised, we expect some revenues
from the FPSO already this year and increased revenue contribution from first
oil in 2021. 2018 has been a very active year for Ocean Yield with a total of
USD 666 million invested in vessels on long-term charter.”

Q4 2018 Financial
Report (https://mb.cision.com/Public/15361/2739602/81a77ed56c15dd89.pdf)
Company contact:

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Marius Magelie (SVP Finance & IR), Tel +47 24 13 01 82
Company information:

Ocean Yield ASA is a ship owning company with investments in vessels on long
-term charters. The company has a significant contract backlog that offers
visibility with respect to future earnings and dividend c

http://www.netfonds.no/quotes/release.php?id=20190212.OBI.20190212S107

TekBot · februar 12, 2019, 7:44pm

12/02-2019 20:43:44: (OCY) Key information relating to the cash dividend to be paid by Ocean Yield ASA

TekBot · februar 12, 2019, 8:46pm

12/02-2019 21:45:48: (OCY) Ocean Yield Q4 2018 Presentation

Please find attached the Q4 2018 presentation to be held tomorrow, Wednesday
13th February 2019.

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Quarterly Presentation

· Time: 09:00 CET, Wednesday 13th February 2019
· Location: The Thief, Tjuvholmen, Oslo, Norway
· Webcast: http://webtv.hegnar.no/presentation.php?webcastId=97599151
· PDF link:Ocean Yield Q4 2018
Presentation (https://mb.cision.com/Public/15361/2739657/beea510236ebf57d.pdf)
· Webpage: https://www.oceanyield.no/Investor-Relations
Company contact:

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Marius Magelie (SVP Finance & IR), Tel +47 24 13 01 82
Company information:

Ocean Yield ASA is a ship owning company with investments in vessels on long
-term charters. The company has a significant contract backlog that offers
visibility with respect to future earnings and dividend capa

http://www.netfonds.no/quotes/release.php?id=20190212.OBI.20190212S110

TekBot · februar 15, 2019, 7:42am

15/02-2019 08:41:11: (OCY) Ex utbytte USD 0.1910 i dag

TekBot · mars 21, 2019, 12:54pm

21/03-2019 13:53:58: (OCY) Renteregulering

TekBot · mars 22, 2019, 12:01pm

22/03-2019 13:00:34: (OCY) Annual Report 2018

Ocean Yield ASA has today published its 2018 Annual Report.

The report will also be made available on the Company’s website
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www.oceanyield.no/Investor-Relations

Ocean Yield ASA - Annual Report
2018 (https://mb.cision.com/Public/15361/2769113/8dbca61e5f1ae57f.pdf)

This information is subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.
Company contact:

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Marius Magelie (SVP Finance & IR), Tel +47 24 13 01 82
Company information:

Ocean Yield ASA is a ship owning company with investments in vessels on long
-term charters. The company has a significant contract backlog that offers
visibility with respect to future earnings and dividend capacity.

http://www.netfonds.no/quotes/release.php?id=20190322.OBI.20190322S58

TekBot · april 4, 2019, 7:28am

04/04-2019 09:26:46: (OCY) NOTICE OF ANNUAL GENERAL MEETING

Lysaker, 4 April 2019

Ocean Yield’s annual general meeting will be held on Thursday 25th April 2019 at
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10:00 hours at The Thief, Landgangen 1, 0252 Oslo, Norway.

Attached is the notice of Ocean Yield’s Annual General Meeting and the
attendance form.

All documents will also be made available on the Company’s website
www.oceanyield.no/Investor-Relations

1 Notice of annual general meeting
2019 (https://mb.cision.com/Public/15361/2781010/b5d1a75b5a43dcb0.pdf)

This information is subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.
Company contact:

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Marius Magelie (SVP Finance & IR), Tel +47 24 13 01 82
Company information:

Ocean Yield ASA is a ship owning company with investments in vessels on long
-term charters. The company has a significant contract backlog that offers
visibility with respect to future earnings and dividend capacity.

http://www.netfonds.no/quotes/release.php?id=20190404.OBI.20190404S35

TekBot · april 8, 2019, 10:42am

08/04-2019 12:41:22: (OCY, OYIEF.OTC) Acquisition of two modern Ultramax dry bulk vessels with long-term charters

Ocean Yield ASA (“Ocean Yield” or the “Company”) is pleased to announce that the Company has agreed to acquire two modern Ultramax dry bulk vessels for a total consideration of USD 42 million net of a seller’s credit, with 11-year bareboat charters to Scorpio Bulkers Inc. (“Scorpio Bulkers”). In addition, Ocean Yield has committed to part finance the scrubber installation on both vessels, with an additional USD 3 million, which is expected in early 2020.

The vessels are built in 2017 and are expected to be delivered to the Company during Q2 2019. Scorpio Bulkers will have certain options to either sell or acquire the vessels during the charter period.
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Scorpio Bulkers is a leading international provider of marine transportation of dry bulk commodities that currently owns and operates a fleet of 57 modern dry bulk vessels, specifically Ultramax and Kamsarmax vessels. Scorpio Bulkers is a publicly listed company and trades on the New York Stock Exchange under the ticker “SALT”.

Ocean Yield’s Chief Executive Officer Lars Solbakken said in a comment: “We are delighted to expand and further diversify our portfolio with the investment in two modern Ultramax dry bulk carriers with long-term charters to Scorpio Bulkers. Including these two vessels, Ocean Yield will have a fleet of 60 vessels.”

Company contact:

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Marius Magelie (SVP Finance & IR), Tel +47 24 13 01 82

Company information:

Ocean Yield ASA is a ship owning company with investments in vessels on long-term charters. The company has a significant contract backlog that offers visibility with respect to future earnings and dividend capacity.

http://www.netfonds.no/quotes/release.php?id=20190408.Cision.20190304:BIT:3944:0

TekBot · april 25, 2019, 11:33am

25/04-2019 13:32:56: (OCY) Minutes from Annual General Meeting

25 April 2019

Ocean Yield’s annual general meeting was held today, Thursday 25th April 2019 at
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The Thief Hotel in Oslo, Norway.

All proposals on the agenda were adopted, cf. the notice of the Annual
General Meeting that was published on Oslo Stock Exchange on 4 April 2019.

The complete minutes of the Annual General Meeting are also available on
www.oceanyield.no

Ocean Yield ASA Generalforsamlingsprotokoll 25 04 19
NOR (https://mb.cision.com/Public/15361/2796866/813578eea613104c.pdf)

Ocean Yield ASA Minutes from general meeting 25 04 2019
ENG (https://mb.cision.com/Public/15361/2796866/81598b745ebe5ee8.pdf)

This information is subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.
Company contact:

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Marius Magelie (SVP Finance & IR), Tel +47 24 13 01 82

http://www.netfonds.no/quotes/release.php?id=20190425.OBI.20190425S68