Norway's Ocean Yield will make a profit of $9.7m from completing the disposal of a chemical carrier on Wednesday.

The company said it had finalised a deal with Navig8 Chemical Tankers to hand back the 38,000-dwt Navig8 Amessi (built 2015).

Navig8 declared a five-year buyback option for the bareboated vessel under a sale and leaseback agreement in January.