Ocean Yield

Investor · februar 12, 2020, 6:46pm

Kvartalsutbytte på nesten 4%!

hybrid · februar 12, 2020, 8:01pm

Det senkes til 0.15 i Q1

TekBot · februar 12, 2020, 9:15pm

Acquisition of three modern 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 ultramax and one kamsarmax dry bulk vessels
for a total consideration of USD 62.8 million net of pre-paid charter hire with
…

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9, 10 and 12 years bareboat charters to Scorpio Bulkers Inc. (“Scorpio
Bulkers”). In addition, Ocean Yield has committed to part finance the scrubber
installation on the vessels, with an additional of USD 1.5 million per vessel
during 2020.

The two ultramax vessels are built in 2015 and 2016 and the kamsarmax vessel is
built in 2018. All vessels are expected to be delivered to the Company during Q1
2020. Scorpio Bulkers will have certain options to either trigger a sale or
acquire the vessels during the charter period.

Scorpio Bulkers is a leading international provider of marine transportation of
dry bulk commodities that currently owns and operates a fleet of 52 modern dry
bulk 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
pleased to further expand our relationship with Scorpio Bulkers with the
investment in three modern dry bulk carriers with long-term charters. Including
this transaction, Ocean Yield has now increased the fleet to 72 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.

Kilde

TekBot · februar 12, 2020, 9:34pm

Ocean Yield Q4 2019 Presentation

Please find attached the Q4 2019 presentation to be held tomorrow, Thursday
13[th] February 2020.

…

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Presentation

· Time: 09:00 CET, Thursday 13[th] February 2020
· Location: The Thief, Tjuvholmen, Oslo, Norway
· Webcast: Link to
webcast (https://channel.royalcast.com/webcast/hegnarmedia/20200213_7/)
· PDF: Link to
pdf (https://www.oceanyield.no/content/download/2267/27058/version/1/file/Ocean%2
0Yield%20Q4%202019%20Presentation.pdf)
· Webpage: OCY Investor Relations (https://www.oceanyield.no/Investor
-Relations/Reports-and-presentations)

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.

Kilde

TekBot · februar 17, 2020, 7:40am

Ex dividend USD 0.1910 today

Curly · februar 17, 2020, 5:23pm

Siste Wolf Report på Ocean Yield, svært god analyse på tingenes tilstand og året som kommer.

https://seekingalpha.com/article/4324690-ocean-yield-fy19-without-surprises-buys

TekBot · februar 23, 2020, 7:37pm

Primary Insider Disclosure

Morti · februar 23, 2020, 8:03pm

Er på min watchlist. Her har allerede kursen falt mye.

kanon · februar 25, 2020, 1:16pm

Må jo være bra kjøp nå.

TekBot · februar 26, 2020, 2:02pm

Arbitration award related to purchase options for four VLCCs on charter to Okeanis ECO Tankers

In October 2019, Okeanis ECO Tankers (“Okeanis”) served a notice to exercise
options to repurchase four VLCCs (“the Vessels”) that earlier had been bought by
Ocean Yield ASA (“Ocean Yield”) and chartered back to Okeanis on long-term
…

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charters. The parties disagreed if the conditions for exercising the options had
been fulfilled, and the matter was therefore referred to arbitration.

An arbitration tribunal has decided that Okeanis did not have the right to
exercise such options to repurchase the Vessels under the lease agreements.

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.

Kilde

TekBot · februar 26, 2020, 2:02pm

Arbitration award related to purchase options for four VLCCs on charter to Okeanis ECO Tankers

In October 2019, Okeanis ECO Tankers (“Okeanis”) served a notice to exercise
options to repurchase four VLCCs (“the Vessels”) that earlier had been bought by
Ocean Yield ASA (“Ocean Yield”) and chartered back to Okeanis on long-term
…

Vis børsmeldingen

charters. The parties disagreed if the conditions for exercising the options had
been fulfilled, and the matter was therefore referred to arbitration.

An arbitration tribunal has decided that Okeanis did not have the right to
exercise such options to repurchase the Vessels under the lease agreements.

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.

Kilde

TekBot · februar 26, 2020, 3:40pm

Primary Insider Disclosure

The following primary insiders (or their related parties as described below)
have, as part of the company’s incentive program, committed to acquire shares in
Ocean Yield ASA (the “Company” or “Ocean Yield”):
…

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· Eirik Eide, CFO of Ocean Yield ASA, has through his wholly owned company
Kleiver Invest AS acquired 20,000 shares in Ocean Yield. Upon completion of such
acquisition, Eirik Eide will own, directly or indirectly, 370,051 shares in the
Company.
· Marius Magelie, SVP Finance & Investor Relations, has through his wholly
owned company MGM Invest AS committed to acquire 5,000 shares in Ocean Yield.
Upon completion of such acquisition, Marius Magelie will own, directly or
indirectly, 122,120 shares in the Company.

The acquisition of shares has been made as part of the Company’s management
incentive program. The price paid per share will equal the closing price as of
26 February 2020 of NOK 40.25 per share, less a discount of 20% reflecting that
the shares will have a lock-up period of three years.

This information is subject of the disclosure requirements pursuant to section 5
-2 and 4-2 of the Norwegian Securities Trading Act.

Kilde

Whatsthat · mars 9, 2020, 4:25pm

Denne begynner å friste skikkelig!

Noen som kjenner til selskapet som kan utdybe litt?

Hvordan blir de berørt (positivt/negativt) mtp corona,oljepris,renter, kronekurs etc?

Vil de kunne oppretteholde guidelines og tilsvarende utbyttesum fremover?

steeler77 · mars 9, 2020, 6:04pm

Problemet ligger vel i at selskapene de leaser ut skip til kan gå dukken om økonomien går nedenom og hjem. Da risikerer de å måtte lease dem ut med dårligere vilkår enn tidligere og selv få problemer med å betjene gjeld.

nofun · mars 9, 2020, 8:54pm

De har blant annet Solstad Offshore på kundelisten så er helt klart noen kunder som kan gå konkurs.

Curly · mars 9, 2020, 9:14pm

Nå er vel manglende inntekt på skipene til Solstad allerede tatt høyde for. Motpartsrisikoen er selvsagt tilstede, men jeg tror vi ikke skal overdrive den. De aller fleste rederiene på kundelista er rimelig solide, og Ocean Yield har spredt flåten over ganske mange segmenter.

steeler77 · mars 9, 2020, 9:19pm

Sånn generelt - å kjøpe shippingaksjer som er i en synkende trend har jeg brent meg på før. Jeg ville latt fristelsen vente inntil videre. Nå er hele Italia i lockdown så blir vel mye «gøyt» i vente på børsen fremover om flere land havner i samme situasjon. Vårt naboland Sverige er vel en god kandiat, og det samme er vi.

Curly · mars 9, 2020, 9:22pm

Ikke uenig i det, men nå er vel hele børsen et forholdsvis dårlig sted å være om dagen, med mindre du er short på det meste. For øyeblikket ser tank forlokkende ut, var allerede på bedringens vei før oljekrakket, og har nå fått god drahjelp av lave oljepriser og høy produksjon.

TekBot · mars 10, 2020, 12:49pm

Renteregulering

TekBot · mars 11, 2020, 3:49pm

Primary insider disclosure

Fornebu, 11 March 2020

The following primary insiders (or their related parties as described below)
…

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have, as part of the company’s incentive program, committed to acquire shares in
Ocean Yield ASA (the “Company” or “Ocean Yield”):

Eirik Eide, CFO, has through his wholly owned company Kleiver Invest AS
acquired 10,000 shares in Ocean Yield. Upon completion of such acquisition,
Eirik Eide will own, directly or indirectly, 380,051 shares in the Company.

Andreas Røde, Head of Business Development & M&A., has through his wholly
owned company Vulpes Holding AS acquired 10,000 shares in Ocean Yield. Upon
completion of such acquisition, Andreas Røde will own, directly or indirectly,
65,000 shares in the Company.

Marius Magelie, SVP Finance & Investor Relations, has through his wholly owned
company MGM Invest AS acquired 10,000 shares in Ocean Yield. Upon completion of
such acquisition, Marius Magelie will own, directly or indirectly, 132,120
shares in the Company.

The acquisition of shares will be made as part of the Company’s management
incentive program. The price paid per share will equal the closing price as of
11 March 2020 of NOK 26.7 per share, less a discount of 20% reflecting that the
shares will have a lock-up period of three years.

The Company intends to deliver the shares in the form of treasury shares held by
or acquired by the Company, and will in order to have shares available for the
incentive program buy back a total of up to 100,000 shares in the Company
through open market purchases, adding to the Company’s current holding of 41,371
treasury shares.

This information is subject of the disclosure requirements pursuant to section 5
-2 and 4-2 of the Norwegian Securities Trading Act.

Kilde