Golden Ocean Group
Golden Ocean Group is a Bermuda registered, Norway based dry bulk shipping company. The company was created as a demerged part of Frontline in 2004 and listed on the Oslo Stock Exchange. 35% of the company is owned by John Fredriksen.[1]
 | |
| Type | Publicly traded limited company |
|---|---|
| OSE: GOGL NASDAQ: GOGL | |
| Industry | Shipping |
| Founded | 2004 |
| Headquarters | Hamilton, Bermuda |
Key people | Ola Lorentzon (Chairman and CEO) John Fredriksen (Independent director) |
| Products | Dry bulk shipping |
| Revenue | US $705.80 million (2019)[1] |
| US $37.19 million (2019) | |
| Total assets | US $1.227 billion (end 2010) |
| Total equity | US $574.5 million (end 2010)[2] |
| Owner | John Fredriksen (35%) |
Number of employees | 214 |
| Subsidiaries | Golden Ocean Trading Ltd. Golden Ocean Management Ltd. United Freight Carriers LLC |
| Website | www.goldenocean.no |
The fleet consists of 24 owned vessels (20 under construction), 22 chartered vessels (7 with purchase options), 7 bare boat vessels (all with purchase options), 10 vessels under commercial management (8 ore-bulk-oil carrier, two capesizes under construction) and 9 sold up on yard delivery. 16 of these are capesize while 56 are panamax, of which 1 capesize and 8 panamaxes are sold when delivered from yard.
Management of the fleet is carried out by the Norwegian company Golden Ocean Group Management AS led by Herman Billung.
References
- https://m.marketscreener.com/GOLDEN-OCEAN-GROUP-LIMITE-30353115/company/
- "Annual Report 2010" (PDF). Golden Ocean Group. Retrieved 5 May 2011.