Oslo-listed Ocean Yield boosted its payout to $0.125 per share for the three months to the end of March.

It came as Ocean Yield revealed a profit of $28.6m for the quarter, narrowly down on the $30m consensus.

Core operating profit of $53.3m was a fraction ahead of what the market was charting.

Yesterday Kjell Inge Rokke-backed Ocean Yield revealed its debut in the gas market with an order for three ethylene carriers at Sinopacific against long term contracts with the Hartmann Group.