Norway’s Ocean Yield has bolstered liquidity through a series of refinancings while securing longer-terms for container vessels chartered by CMB.
The sale-and-leaseback specialist, owned by giant US private equity player KKR, had deals with the Belgian operator for four 3,800-teu ships until 2029.
The two sides have agreed to amend these charters to stretch the term for an unspecified length, adding $30m to the outstanding lease amount.
