Ocean Yield is lining up a fresh deal hot on the heels of a three tanker transaction with Nordic American Tankers.

Oslo-listed Ocean Yield is plotting the move at a time when chief executive Lars Solbakken says owners are showing an increased appetite for fresh projects and newbuilding orders are expected to rise.

In a brief statement to investors today, Ocean Yield says it is in negotiations regarding an investment in modern vessels against long-term charters.