Ocean Yield

Ocean Yield AS is a Norway-based ship-owning company that invests in vessels on long-term charters. Established in March 2012 and headquartered in Lysaker, it focuses on modern assets employed under primarily 10–15 year bareboat contracts, complemented by some shorter time-charter arrangements. The company targets creditworthy, often investment grade, counterparties worldwide and has built a substantial EBITDA charter backlog, reported at USD 4.5 billion at the end of 2025 with an average remaining charter tenor of 10.6 years, providing strong visibility on future earnings. Ocean Yield’s fleet spans multiple shipping segments central to global energy and commodity transport, including crude and product/chemical tankers, dry bulk vessels, container ships, gas carriers such as LNG and liquefied ethylene gas carriers, car carriers and oil-service vessels. Over time it has expanded through investments in Suezmax and VLCC crude tankers, LR2 and product tankers, dry bulk newbuildings, container vessels and specialised gas carriers, typically secured on long-term charters to operators such as Nordic American Tankers, Euronav, CMB, ZIM, Braskem-linked entities and France LNG Shipping. The company also co-invests alongside strategic partners, including funds advised by KKR, NYK and Geogas LNG, and holds indirect stakes in portfolios of LNG carriers on long-term contracts to European energy companies. Ocean Yield positions itself as a financially disciplined lessor with a robust balance sheet, recurring access to the Nordic bond market and a history of using long-term, contract-backed cash flows to support dividends and further growth. Its ESG reporting emphasises integration of sustainability into investment decisions, including sustainability-linked lease structures and newbuildings capable of using alternative fuels, as well as a formal code of conduct, transparency and an integrity channel to uphold high ethical, environmental and social standards.