Ocean Yield Announces Completion of Vessel Sale

With reference to the press release dated 25th December 2019, where Navig8 Chemical Tankers Inc. declared the five-year purchase option on the chemical tanker “Navig8 Aquamarine”, the transaction was successfully completed today. Following repayment of the bank debt on the vessel, the transaction will give net cash proceeds of about USD 9.7 million for Ocean …

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