Kjell Inge Rokke's Ocean Yield has inked a fresh sale-and-leaseback deal with Okeanis Eco Tankers, which refinances one of the Alafouzos family-backed company's suezmax tankers.
Oslo-listed Ocean Yield has paid $56m for the 157,500-dwt Milos (built 2016), which will be bareboat-chartered back to Okeanis for a period of 13 years.
The purchase price includes a seller's credit of $7m, giving a net purchase price of $49m, which is the amount outstanding under the bareboat lease, Lars Solbakken, Ocean Yield’s chief executive, told TradeWinds on Wednesday.
