Ocean Yield ASA has agreed to acquire two suezmax newbuilding tankers with 10 -year bareboat charters toNordic American Tankers Ltd ("NAT"). The net purchase price will be up toUSD 44 million per vessel after seller's credits of minimum 20%. The vessels are scheduled for delivery by the yard,Samsung Heavy Industries ,South Korea , during the first half of 2022. NAT will have certain options to acquire or to sell the vessels during the charter period. NAT is a crude tanker company listed on theNew York Stock Exchange with a fleet of 25 Suezmax tankers, including these two newbuildings. Company contact:Eirik Eide (CFO), Tel +47 24 13 01 91 Investor Relations contact: Marius Magelie (SVP Finance & Investor Relations), Tel +47 24 13 01 82 Company information:Ocean Yield ASA is a ship owning company with investments in vessels on long -term charters. The company has a significant contract backlog that offers visibility with respect to future earnings and dividend capacity.
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