2013-09-03 08:38:01 -
Golden Ocean Group Limited ("Golden Ocean" or the "Company") is pleased to
announce that it has acquired one 2010 Korean built 181,000 dwt Capesize bulk
carrier and one 2010 China built 29,200 dwt Handysize bulk carrier. The vessels
are bought in an enblock transaction jointly on a 50/50 basis with a strategic
partner (cargo owner).
The Company took delivery of the vessels today, September 3, 2013. The Board is
of the opinion that it has obtained a favorable price and considers risk /
reward as attractive from a historical perspective.
September 3, 2013
The Board of Directors
Golden Ocean Group Limited
Herman Billung: CEO, Golden Ocean Management AS
+47 22 01 73 41
Birgitte Ringstad Vartdal: CFO, Golden Ocean Management AS
+47 22 01 73 53
This information is subject of the disclosure
requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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Source: Golden Ocean Group via Thomson Reuters ONE