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Ocean Yield further extends charter of Lewek Connector to Ezra Holdings

Ocean Yield further extends charter of Lewek Connector to Ezra Holdings
Norwegian owner Ocean Yield has extended the $40,000 per day bareboat charter to a related company of Singapore's Ezra Holdings for subsea construction vessel Lewek Connector.

The two companies signed a four month charter in February and subsequent extension in May after Ocean Yield had earlier terminated the original charter for the vessel to Ezra's EMAS Chiyoda Subsea over non payment.

A request for a standstill on the original charter for the vessel in December was an early sign of trouble for EMAS Chiyoda Subsea, which later field for bankruptcy protection in the US as did Ezra Holdings soon after.

The extension runs from October 16 when the current extension ends through to November 15 and includes extension options through to December 23.

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