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Update on gas carriers under construction at Sinopacific (Ocean Yield ASA)

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(Source: Ocean Yield ASA) Ocean Yield ASA ('Ocean Yield' or the 'Company') has three newbuilding LEG (Liquefied Ethylene Gas) carriers of 36,000 cbm. capacity under construction at Sinopacific Offshore & Engineering, China ('SOE'), scheduled for 15-year 'hell and high water' bareboat charters to the Hartmann Group ('Hartmann'), Germany, with 10-year sub-charters to SABIC Petrochemicals B.V. SOE filed for receivership of the company in August 2016, following...

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