Ocean Yield SA (OCY) NOK10
Ocean Yield ASA, formerly Ocean Yield AS, is a Norway-based company engaged in the investment in vessels within oil-service and industrial shipping, with long term charters. The Company’s existing business consists of several investments within the maritime sector, spanning from Floating Production Storage and Offloading (FPSO) to seismic, oil service and car carrier vessels. It has ownership of one FPSO, the Dhirubhai-1, one offshore-construction vessel, the Aker Wayfarer, one seismic vessel, the Geco Triton and an investment in American Shipping Company’s unsecured bond. The Dhirubhai-1 is on long term charter to Reliance Ltd., which includes a Bareboat contract and an Operations and Maintenance contract. The Aker Wayfarer is on long term charter to Aker Solutions ASA, while the Geco Triton is on long term charter to Western Geco, a subsidiary of Schlumberger.
The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.
Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.