Another sale option has been exercised on an Ocean Yield ship.

After Okeanis Eco Tankers chose to move two VLCCs it had been operating to Frontline on Monday, Kjell Inge Rokke's Ocean Yield said on Wednesday that Navig8 Chemical Tankers is exercising a purchase option on the 49,500-dwt Navig8 Tanzanite (built 2016).

The effective purchase date is 25 November and the sale will net Ocean Yield $12m of the $30.7m