AP Moller Holding buys ship lessor Ocean Yield from KKR
AI Summary
AP Moller Holding acquired ship lessor Ocean Yield from KKR, gaining a $5 billion backlog that includes LNG, tanker, container, dry bulk, and offshore assets. This acquisition significantly expands AP Moller's presence in maritime shipping assets.
Acquisition brings in $5bn backlog with blue chip counterparties across LNG, tanker, container, dry bulk and offshore assets.