Ocean Yield delivered the survey vessel Geco Triton to Schlumberger subsidiary WesternGeco, netting US$8.2 million for the vessel.
Geco Triton was built in 1991 and remains under a charter arrangement to WesternGeco until December 2015.
The firm has also increased a loan facility by US$50.5 million.
The loan will be used to fund the equity portion of investments in vessels and for general corporate purposes.
Ocean Yield is a ship owning company with investments within oil-service and industrial shipping. The company focuses on modern assets with long-term charters to solid counterparties.
