About Us
Seven Yield was established in 2016 by Siem Industries. Seven Yield Holding Pte. Ltd. and its subsidiaries (the “Company” or “Seven Yield”) was incorporated in 2018 in Singapore.
The Company’s business model is to provide leasing solutions to a diversified blend of counterparties across the industrial shipping and offshore oil-service sectors, through long-term bareboat charter contracts.
The Company has no outsized or legacy assets and its initial fleet comprises of modern vessels with long term bareboat charter contracts within the RoRo/Car Carrier segment. We plan to grow our asset portfolio by investing $200 million annually.
In 2019, the Company established the joint-venture S&I Leasing Pte. Ltd. (“S&I”) with the Japanese trading house, ITOCHU Corporation with a main focus to offer leasing solutions to clients within the conventional shipping segments. Seven Yield is 50% owner of S&I and mandated to be the corporate manager of S&I.
The Company enjoys the benefit and support of the Maritime Leasing (Ship) award received from Maritime Port Authority of Singapore in August 2018.
Seven Yield headquarter is centrally located in Singapore, and the Company shares offices with another Siem Industries affiliated company, Subsea 7.
Maritime Sector Incentive
( ML/ASIM/ASIE/ASPV)
Our Value Proposition
- We deliver long term ship leasing solutions to the industrial shipping, oil and offshore sectors.
- We offer our solutions to a diversified group of clients and counterparts.
- We value clients with a proven track record of commercial and technical operations and maintenance.
- We aim to provide tailored leasing solutions matched to our client’s needs.
- We deliver added value through our industrial knowledge, competence and understanding.
- We prefer modern tonnage, but are open to evaluate any sale and leaseback transactions meeting our criteria.
- We can facilitate and deliver on transactions involving both vessels under construction as well as second hand vessels through sale and leasebacks.
- We have limited operational and asset residual risks from “hell and high water” bareboat charter contracts with build-in purchase obligations/ options
We value our clients, shareholders and debt providers, and we strive at delivering our promises,
- a competitive leasing solution,
- stable and attractive return to our shareholders,
- at an acceptable risk to our creditors.
We are the Pure Play Ship Leasing company Seven Yield.
