Ocean Yield dry bulk vessel sold

Published by Will Owen, Editor
Dry Bulk, Wednesday, 13 January 2021 11:30

Ocean Yield has agreed to the sale of its dry bulk vessel SBI Libra.

SBI Libra is an ultramax dry bulk vessel built in 2017 and employed on a long-term charter to Scorpio Bulkers Inc.

Scorpio Bulkers Inc. has declared an option to sell SBI Libra to an unrelated third party. Ocean Yield ASA will receive proceeds of approximately US$20 million and record a small book profit from the sale.

Delivery of the vessel is expected to take place during 1Q21.

Read the article online at: https://www.drybulkmagazine.com/dry-bulk/13012021/ocean-yield-dry-bulk-vessel-sold/

MOL and Rio Tinto to strengthen partnership for safer operation

Friday 31 March 2023 09:00

Mitsui O.S.K. Lines, Ltd. and Rio Tinto have signed the Designated Owners & Operators (DOO) programme, a Rio Tinto initiative targeted to enhance safety and improve crew welfare in the dry bulk industry.

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