Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 18, 2021, it owned a fleet of 67 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.
IPO Year:
Exchange: NASDAQ
Website: goldenocean.bm
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/22/2024 | $15.50 | Buy → Hold | Jefferies |
| 1/5/2024 | Buy → Neutral | BTIG Research | |
| 10/24/2023 | $8.00 → $11.00 | Hold → Buy | Jefferies |
| 9/26/2022 | $14.00 → $10.00 | Buy → Hold | Jefferies |
| 7/21/2022 | $14.00 | Buy | Jefferies |
| 9/13/2021 | $13.00 | Neutral | H.C. Wainwright |
SC 13G/A - Golden Ocean Group Ltd (0001029145) (Subject)
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6-K - Golden Ocean Group Ltd (0001029145) (Filer)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
SCHEDULE 13D/A - Golden Ocean Group Ltd (0001029145) (Subject)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
20-F - Golden Ocean Group Ltd (0001029145) (Filer)
SCHEDULE 13D/A - Golden Ocean Group Ltd (0001029145) (Subject)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
Antwerp, April 22, 2025 (GLOBE NEWSWIRE) -- CMB.TECH NV (NYSE:CMBT, Euronext Brussels: CMBT)) ("CMB.TECH") and Golden Ocean Group Limited (NASDAQ:GOGL, Euronext Oslo Børs: GOGL)) ("Golden Ocean") are pleased to announce that they have signed a term sheet (the "Term Sheet") for a contemplated stock-for-stock merger, with CMB.TECH as the surviving entity, based on an exchange ratio of 0.95 shares of CBM.TECH for each share of Golden Ocean (the "Exchange Ratio"), subject to customary adjustments. The Term Sheet has been unanimously approved by CMB.TECH's Supervisory Board and by Golden Ocean's Board of Directors, including its special transaction committee composed of disinterested directors
HAMILTON, Bermuda, 22 April, 2025, 10.30 pm CET – Golden Ocean Group Limited (NASDAQ:GOGL, Euronext Oslo Børs: GOGL)) ("Golden Ocean") and CMB.TECH NV (NYSE:CMBT, Euronext Brussels: CMBT)) ("CMB.TECH") are pleased to announce that they have signed a term sheet (the "Term Sheet") for a contemplated stock-for-stock merger, with CMB.TECH as the surviving entity, based on an exchange ratio of 0.95 shares of CBM.TECH for each share of Golden Ocean (the "Exchange Ratio"), subject to customary adjustments. The Term Sheet has been unanimously approved by Golden Ocean's Board of Directors, including its special transaction committee composed of disinterested directors (the "Transaction Committee"),
Golden Ocean Group Limited (the "Company") announces that its 2025 Annual General Meeting will be held on May 8, 2025. A copy of the Notice of Annual General Meeting and associated information including the Company`s Consolidated Financial Statements on Form 20-F for 2024 can be found on our website at www.goldenocean.bm and in the links below. April 10, 2025 The Board of DirectorsGolden Ocean Group LimitedHamilton, Bermuda This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. Attachments GOGL - 2025 AGM Notice GOGL - 2024 20F
The Board of Golden Ocean Group Ltd. ("Golden Ocean" or the "Company") is pleased to announce the appointment of Mr. Peder Simonsen as the Chief Executive Officer of Golden Ocean Management AS. Mr. Simonsen currently serves as the Interim Chief Executive Officer and Chief Financial Officer of Golden Ocean Management AS. Further, the Company is pleased to announce the appointment of Ms. Randi Navdal Bekkelund as Chief Financial Officer of Golden Ocean Management. Ms. Bekkelund currently serves as the Chief Financial Officer of Avance Gas Holding Ltd. Ms. Bekkelund will commence her new role on June 1, 2025. April 5, 2025 The Board of DirectorsGolden Ocean Group Ltd.Hamilton, Bermuda This
Golden Ocean Group Limited (NASDAQ and OSE: GOGL) ("GOGL" or the "Company") advises that the 2025 Annual General Meeting of the Company will be held on May 8, 2025. The record date for voting at the Annual General Meeting is set to April 7, 2025. A copy of the Notice of Annual General Meeting and associated information, including the Company's Annual Report on Form 20-F, will be distributed and made available on the Company's website at www.goldenocean.bm prior to the meeting. April 3, 2025 The Board of DirectorsGolden Ocean Group LimitedHamilton, Bermuda This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Golden Ocean Group Limited (NASDAQ:GOGL, OSE: GOGL)) ("GOGL" or "the Company") is pleased to announce the appointment of Mr. Carl Erik Steen and Mr. James Ayers as Directors of the Company. Carl Erik Steen has extensive experience from shipping and banking, including head of shipping, oil services and the international division in Nordea bank. Before joining Nordea, Mr. Steen headed the shipping and international division in Christiania Bank and Kreditkassen ASA. Mr. Steen graduated in 1975 from ETH Zurich Switzerland with a MSc in Industrial and Management Engineering. Mr. Steen holds directorship positions in various Norwegian and international companies including Golar LNG Ltd, Himalaya
Golden Ocean Group Limited (NASDAQ:GOGL, OSE: GOGL)) ("GOGL" or the "Company") is pleased to announce the appointment by the Board of Directors of Mr. Patrick De Brabandere and Mr. Patrick Molis as Directors of the Company. Mr. Patrick De Brabandere holds a degree in Applied Economic Sciences from UCL Louvain-la Neuve. He started his career at the audit firm Arthur Andersen. In 1987, he joined Almabo, the former holding company of the Saverys family, as Project Controller. He became CFO of CMB NV in 1998 and was appointed director of CMB NV in 2002. In 2003, following the partial demerger of Exmar NV from CMB NV, he became director and CFO of Exmar NV, then COO. In 2020 he became CFO of Exm
Golden Ocean Group Limited (NASDAQ and OSE: GOGL) (the "Company") announces that its annual report on Form 20-F for the year ended December 31, 2024 (the "Annual Report") has been filed with the U.S. Securities and Exchange Commission (the "Commission"). The Annual Report may be accessed through the Company's website, www.goldenocean.bm, or in the link below. The Annual Report is also available on the website of the Commission, www.sec.gov. Shareholders may also request a hard copy of the Annual Report, which includes the Company's complete 2024 audited financial statements, by contacting the Investor Relations department. Golden Ocean Group LimitedHamilton, BermudaMarch 20, 2025
Limassol, Cyprus, March 4, 2025 – Hemen Holding Limited ("Hemen") today announced that it has entered into an agreement to sell 81,363,730 shares in Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the "Company" or "Golden Ocean") to CMB.TECH (NYSE:CMBT, Euronext: CMBT)) ("CMB.TECH"), for a total consideration of approximately USD 1,179 million (the "Transaction"). The shares represent ca. 40.8%1 of Golden Ocean's outstanding shares and votes and includes all Hemen's shares in the Company. The Transaction will not trigger a mandatory takeover bid or similar offer in Bermuda, Norway, the United States, or any other jurisdiction. The Transaction is exempt from registration under the U.S. Securi
ANTWERP, Belgium, 4 March, 2025 - CMB.TECH NV (NYSE:CMBT, Euronext: CMBT)) ("CMB.TECH") today announced that it, through its wholly-owned subsidiary, CMB.TECH Bermuda Ltd., has entered into a share purchase agreement with Hemen Holding Limited ("Hemen"), for the acquisition of 81,363,730 shares in Golden Ocean Group Limited ("Golden Ocean") at a price of 14.49 USD per share (the "Transaction"). The shares represent approx. 40.4% of Golden Ocean's issued share capital (calculated on the basis that Golden Ocean has issued 201,165,621 shares) and approx. 40.8% of Golden Ocean's outstanding shares with voting rights (calculated on the basis that Golden Ocean has 1,787,328 treasury shares which a
Jefferies downgraded Golden Ocean from Buy to Hold and set a new price target of $15.50
BTIG Research downgraded Golden Ocean from Buy to Neutral
Jefferies upgraded Golden Ocean from Hold to Buy and set a new price target of $11.00 from $8.00 previously
Jefferies downgraded Golden Ocean from Buy to Hold and set a new price target of $10.00 from $14.00 previously
Jefferies initiated coverage of Golden Ocean with a rating of Buy and set a new price target of $14.00
H.C. Wainwright initiated coverage of Golden Ocean with a rating of Neutral and set a new price target of $13.00
BTIG reiterated coverage of Golden Ocean Group with a rating of Buy and set a new price target of $12.00 from $8.00 previously
BTIG reiterated coverage of Golden Ocean Group with a rating of Buy and set a new price target of $7.00 from $6.00 previously
BTIG Research resumed coverage of Golden Ocean Group with a rating of Buy and set a new price target of $7.00 from $6.00 previously
The Board of Golden Ocean Group Ltd. ("Golden Ocean" or the "Company") is pleased to announce the appointment of Mr. Peder Simonsen as the Chief Executive Officer of Golden Ocean Management AS. Mr. Simonsen currently serves as the Interim Chief Executive Officer and Chief Financial Officer of Golden Ocean Management AS. Further, the Company is pleased to announce the appointment of Ms. Randi Navdal Bekkelund as Chief Financial Officer of Golden Ocean Management. Ms. Bekkelund currently serves as the Chief Financial Officer of Avance Gas Holding Ltd. Ms. Bekkelund will commence her new role on June 1, 2025. April 5, 2025 The Board of DirectorsGolden Ocean Group Ltd.Hamilton, Bermuda This
Golden Ocean Group Limited (NASDAQ:GOGL, OSE: GOGL)) ("GOGL" or "the Company") is pleased to announce the appointment of Mr. Carl Erik Steen and Mr. James Ayers as Directors of the Company. Carl Erik Steen has extensive experience from shipping and banking, including head of shipping, oil services and the international division in Nordea bank. Before joining Nordea, Mr. Steen headed the shipping and international division in Christiania Bank and Kreditkassen ASA. Mr. Steen graduated in 1975 from ETH Zurich Switzerland with a MSc in Industrial and Management Engineering. Mr. Steen holds directorship positions in various Norwegian and international companies including Golar LNG Ltd, Himalaya
Golden Ocean Group Limited ("GOGL" or "the Company") announces the appointment of Ms. Tonesan Amissah as Director of the Company. Tonesan Amissah is a Barrister and Attorney-at-Law with over 30 years of experience in international corporate law. Ms. Amissah is currently a Client Director at Ocorian Services (Bermuda) Limited, a global fiduciary and corporate services company where she oversees all aspects of client service. Ms. Amissah is a former partner of Appleby (Bermuda) Limited, where she led the funds & investment services team and was a senior member of the firm's corporate department, having joined Appleby in 1989. She also serves as a director of companies in the insurance space.
Golden Ocean Group Ltd ("GOGL" or "the Company") announces the appointment of Mr. Cato Stonex as Director. Mr. Stonex has had a long career in fund management, initially with J Rothschild Investment Management. He was then a founder and partner of Taube Hodson Stonex (THS) for 20 years, which managed institutional portfolios of global equity mandates. THS was sold to GAM in 2016, after which he established Partners Investment Company, which focused on stock picking in small and mid-cap equities, largely in Europe. In 2021, Partners Investment Company became Stonex Capital Partners Ltd and that same year Mr. Stonex also funded WMC Capital Ltd, an investment company focused on the recovery of
The Board of Golden Ocean Group Limited ("Golden Ocean" or the "Company") is pleased to announce the appointment of Mr. Lars-Christian Svensen as the Chief Executive Officer ("CEO") of Golden Ocean Management AS with effect from January 1, 2024. Mr. Svensen currently serves as the Interim Chief Executive Officer of Golden Ocean Management AS. Prior to that, he held the role as Golden Ocean's Chief Commercial Officer. Ola Lorentzon, Chairman of the Board, says: "The Board is delighted to have appointed Lars-Christian Svensen, who has demonstrated his abilities serving as Interim CEO. We are confident Lars-Christian will be successful in his work, building shareholder value
Golden Ocean Group Ltd ("GOGL" or "the Company") announces the appointment of Mr. Jens Martin Jensen as Director. Jens Martin Arveschoug Jensen joined Seatankers Management 1st March, 2022 – prior to that he was the CEO of Athenian Holdings. He previously served as Head of Shipping at New Fortress Energy (USA) and prior to that he was a Partner at Pillarstone Europe. From May 2008 to September 2014, he was the CEO of Frontline Management AS. Mr. Jensen has served as a director of various companies, including 2020 Bulkers Ltd, Frontline Ltd and Flex LNG Limited. Prior to these roles, he was a Partner/Director at Island Shipbrokers between the periods of 1996 - 2004 and held v
Golden Ocean Group Limited (NASDAQ:GOGL) (the "Company" or "Golden Ocean"), a leading dry bulk shipping company, today announced its results for the quarter ended June 30, 2021. Highlights Net income of $104.5 million and earnings per share of $0.52 for the second quarter of 2021 compared with net income of $23.6 million and earnings per share of $0.14 for the first quarter of 2021Adjusted EBITDA of $130.5 million for the second quarter of 2021, compared with $54.6 million for the first quarter of 2021Reported TCE rates for Capesize and Panamax/Ultramax vessels of $29,372 per day and $18,987 per day, respectively, in the second quarter of 2021. Reported TC
Antwerp, April 22, 2025 (GLOBE NEWSWIRE) -- CMB.TECH NV (NYSE:CMBT, Euronext Brussels: CMBT)) ("CMB.TECH") and Golden Ocean Group Limited (NASDAQ:GOGL, Euronext Oslo Børs: GOGL)) ("Golden Ocean") are pleased to announce that they have signed a term sheet (the "Term Sheet") for a contemplated stock-for-stock merger, with CMB.TECH as the surviving entity, based on an exchange ratio of 0.95 shares of CBM.TECH for each share of Golden Ocean (the "Exchange Ratio"), subject to customary adjustments. The Term Sheet has been unanimously approved by CMB.TECH's Supervisory Board and by Golden Ocean's Board of Directors, including its special transaction committee composed of disinterested directors
HAMILTON, Bermuda, 22 April, 2025, 10.30 pm CET – Golden Ocean Group Limited (NASDAQ:GOGL, Euronext Oslo Børs: GOGL)) ("Golden Ocean") and CMB.TECH NV (NYSE:CMBT, Euronext Brussels: CMBT)) ("CMB.TECH") are pleased to announce that they have signed a term sheet (the "Term Sheet") for a contemplated stock-for-stock merger, with CMB.TECH as the surviving entity, based on an exchange ratio of 0.95 shares of CBM.TECH for each share of Golden Ocean (the "Exchange Ratio"), subject to customary adjustments. The Term Sheet has been unanimously approved by Golden Ocean's Board of Directors, including its special transaction committee composed of disinterested directors (the "Transaction Committee"),
Golden Ocean Group Limited (NASDAQ:GOGL, OSE: GOGL)) ("GOGL" or the "Company") is pleased to announce the appointment by the Board of Directors of Mr. Patrick De Brabandere and Mr. Patrick Molis as Directors of the Company. Mr. Patrick De Brabandere holds a degree in Applied Economic Sciences from UCL Louvain-la Neuve. He started his career at the audit firm Arthur Andersen. In 1987, he joined Almabo, the former holding company of the Saverys family, as Project Controller. He became CFO of CMB NV in 1998 and was appointed director of CMB NV in 2002. In 2003, following the partial demerger of Exmar NV from CMB NV, he became director and CFO of Exmar NV, then COO. In 2020 he became CFO of Exm
Limassol, Cyprus, March 4, 2025 – Hemen Holding Limited ("Hemen") today announced that it has entered into an agreement to sell 81,363,730 shares in Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the "Company" or "Golden Ocean") to CMB.TECH (NYSE:CMBT, Euronext: CMBT)) ("CMB.TECH"), for a total consideration of approximately USD 1,179 million (the "Transaction"). The shares represent ca. 40.8%1 of Golden Ocean's outstanding shares and votes and includes all Hemen's shares in the Company. The Transaction will not trigger a mandatory takeover bid or similar offer in Bermuda, Norway, the United States, or any other jurisdiction. The Transaction is exempt from registration under the U.S. Securi
ANTWERP, Belgium, 4 March, 2025 - CMB.TECH NV (NYSE:CMBT, Euronext: CMBT)) ("CMB.TECH") today announced that it, through its wholly-owned subsidiary, CMB.TECH Bermuda Ltd., has entered into a share purchase agreement with Hemen Holding Limited ("Hemen"), for the acquisition of 81,363,730 shares in Golden Ocean Group Limited ("Golden Ocean") at a price of 14.49 USD per share (the "Transaction"). The shares represent approx. 40.4% of Golden Ocean's issued share capital (calculated on the basis that Golden Ocean has issued 201,165,621 shares) and approx. 40.8% of Golden Ocean's outstanding shares with voting rights (calculated on the basis that Golden Ocean has 1,787,328 treasury shares which a
Please find enclosed the presentation of Golden Ocean Group Limited's fourth quarter 2024 results for today's webcast / conference call at 15:00 CET. Attend by Webcast: Use the follow link prior to the webcast: GOGL Q4 2024 Webcast Attend by Conference Call: Participants will need to register online prior to the conference call via the link below. Dial-in details will be available when registered. GOGL Q4 2024 Conference Call A Q&A session will be held after the conference call/webcast. Information on how to submit questions will be given at the beginning of the session. The presentation material which will be used in the teleconference/webcast can be downloaded on www.goldenocea
Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the "Company" or "Golden Ocean"), the world's largest listed owner of large size dry bulk vessels, today announced its unaudited results for the quarter ended December 31, 2024. Highlights Net income of $39.0 million and earnings per share of $0.20 (basic) for the fourth quarter of 2024, compared to net income of $56.3 million and earnings per share of $0.28 (basic) for the third quarter of 2024.Net income of $223.2 million and earnings per share of $1.12 (basic) for full year 2024, compared to net income of $112.3 million and earnings per share of $0.56 (basic) for full year 2023.Adjusted EBITDA of $69.9 million for the fourth quarter of 2024
Golden Ocean Group Limited (the "Company") will publish its financial results for the fourth quarter of 2024 on Wednesday February 26, 2025. In connection with the release, a conference call and webcast will be held as described below: Conference call and webcastA conference call will be held at 3:00 P.M. CET (9:00 A.M. New York Time) on Wednesday February 26, 2025. The presentation will be available for download from the Investor Relations section at www.goldenocean.bm (under "Presentations") prior to the conference call/webcast. In order to listen to the presentation, you may do one of the following: a. WebcastVisit the Investor Relations section of the Company's website at www.goldeno
Please find enclosed the presentation of Golden Ocean Group Limited's third quarter 2024 results for today's webcast / conference call at 14:30 CET. Attend by Webcast: Use the follow link prior to the webcast: GOGL Q3 2024 Webcast Attend by Conference Call: Participants will need to register online prior to the conference call via the link below. Dial-in details will be available when registered. GOGL Q3 2024 Conference Call A Q&A session will be held after the conference call/webcast. Information on how to submit questions will be given at the beginning of the session. The presentation material which will be used in the teleconference/webcast can be downloaded on www.goldeno
Hamilton, Bermuda, November 27, 2024 - Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the "Company" or "Golden Ocean"), the world's largest listed owner of large size dry bulk vessels, today announced its unaudited results for the quarter ended September 30, 2024. Highlights Net income of $56.3 million and earnings per share of $0.28 (basic) for the third quarter of 2024, compared to net income of $62.5 million and earnings per share of $0.31 (basic) for the second quarter of 2024.Adjusted EBITDA of $124.4 million for the third quarter of 2024, compared to $120.3 million for the second quarter of 2024.Adjusted net income of $66.7 million for the third quarter of 2024, compared to $63.4 mil