Kjell Inge Rokke’s Ocean Yield and Saverys family company CMB have struck a sale and leaseback deal for a newcastlemax newbuilding.
It marks the second transaction between the two firms following a containership move last summer and confirms claims from Ocean Yield it would not be constrained by uncertainty around employment of its FPSO.
The pact takes the Norwegian company into the newcastlemax arena for the first time, having previously moved into dry with handysize and ultramax tonnage.
