Recently investing in LNGCs, Norwegian based Ocean Yield has reported second quarter 2025 EBITDA of $57.5 mil, while adjusted EBITDA was $101.1 mill.
Net profit for the quarter was USD 22.9 mill.
The investment company said it continued to enjoy a robust balance sheet, with an equity ratio of 29.1% and $98.7 mill in available liquidity.
In the LNG space, during 2Q25, Ocean Yield closed its investment in France LNG Shipping, increasing the company's economic interest in 12 LNGCs, from 34% to 45%.
Subsequent to the quarter’s end, Ocean Yield, together with investment vehicles controlled by KKR, agreed to acquire CapeOmega Gas Transportation, a company which has interests in 10 LNGCs operated by Knutsen LNG.
Overall, the EBITDA charter backlog at the end of 2Q25 was $4.3 bill with an average remaining contract duration of 9.9 years covering all of its ship types.
CEO Andreas Røde, said: "I am pleased to report another strong quarter for Ocean Yield, delivering a net profit of $22.9 mill.
“Together with KKR, we announced a significant investment in 10 LNG carriers operated by Knutsen LNG, all secured on long-term charters to investment-grade rated counterparties.
“Our fleet continues to grow and diversify, and with an EBITDA charter backlog of $4.3 bill and an average remaining contract duration of 9.9 years, we are well-positioned for sustained growth and value creation," he claimed.
