Navig8 Chemical Tankers is continuing to buy back vessels sold as leasebacks to Norway's Ocean Yield.

The Norwegian company said in a filing that its counterparty had declared an option to reacquire the 49,000-dwt Navig8 Tourmaline (built 2016) for $30.7m.

The MR chemical tanker is currently worth $27m, according to VesselsValue.