Ocean Yield is targeting chemical and products tankers, gasships and containerships, according to a company presentation and an analyst.
Executives for the Oslo-listed shipowner, which is part of Kjell Inge Rokke's Aker group of companies, revealed during an investor presentation that it plans to spend $350m on growth moves each year.
Arctic Securities analysts Erik Nikolai Stavseth and Andreas Wikborg said today that the containership sector is starting to offer equity returns that are in-line with Ocean Yield's investment requirements.
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