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Dry Bulk Sale and Purchase Norway

Golden Ocean launches private placement as it buys 18 bulkers from affiliate

Norway’s Golden Ocean, owned by John Fredriksen, has bought 18 bulk carriers from an affiliated company for $752m

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The purchase has been made at the low point in the cycle with “attractive financing” attached, Golden Ocean said. It has initiated a private placement to partly fund the acquisition of the modern vessels

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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