Norway’s Ocean Yield is not concerned by any charter risk related to its new container ships, despite a rate slump from recent all-time peaks.
The company, backed by US private equity giant KKR, took delivery of the 5,500-teu Zim Danube from HJ Shipbuilding & Construction in the third quarter, for a seven-year charter to Israeli line Zim.
The post-panamax is one of three methanol-fuelled container vessels owned by Ocean Yield that is delivering from South Korea this year.