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Golden Ocean Group Ltd Stock Price, News & Analysis

GOGL Nasdaq

Welcome to our dedicated page for Golden Ocean Group news (Ticker: GOGL), a resource for investors and traders seeking the latest updates and insights on Golden Ocean Group stock.

Golden Ocean Group Limited (GOGL) is a leading dry bulk shipping company specializing in global commodity transportation. This page provides investors and industry stakeholders with timely updates on corporate developments, financial performance, and maritime logistics operations.

Access authoritative coverage of earnings announcements, vessel acquisitions, charter contract negotiations, and strategic initiatives. Our curated news feed consolidates press releases and market analyses related to GOGL's fleet management practices and dry bulk shipping industry leadership.

Key focus areas include time charter rate updates, fleet expansion projects, and global trade pattern analysis. Stay informed about operational milestones through verified reporting on index-linked contracts, regulatory compliance developments, and commodity shipping trends.

Bookmark this page for streamlined access to GOGL's latest business updates. Check regularly for essential insights into the company's role in iron ore, coal, and grain transportation markets, supported by its diversified vessel portfolio and chartering expertise.

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Golden Ocean Group (GOGL) has published its seventh annual ESG Report for 2024, demonstrating significant progress in environmental performance. The report, aligned with SASB Marine Transportation framework and GRI Standards, highlights the company's commitment to sustainability and fleet modernization. CEO Peder Simonsen announced an impressive 11.7% reduction in CII emissions compared to 2019 baseline, surpassing the 2024 target. The company remains on track for its ambitious emission reduction goals of 15% by 2026, 30% by 2030, and achieving net zero by 2050. The comprehensive report covers ESG performance across operations and value chain, showcasing Golden Ocean's dedication to sustainable shipping practices.
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Golden Ocean Group Limited (GOGL) has declared a dividend of USD 0.05 per share for the first quarter of 2025. The stock begins trading ex-dividend on June 4, 2025. The dividend payment is scheduled for June 17, 2025, with shareholders registered on Euronext VPS expected to receive their payments around June 19, 2025 due to CSDR implementation in Norway. This quarterly dividend distribution demonstrates the company's commitment to returning value to shareholders, though the amount represents a relatively modest payout.
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Golden Ocean Group (NASDAQ: GOGL) and CMB.TECH NV (NYSE: CMBT) have signed a merger agreement where Golden Ocean will merge with CMB.TECH Bermuda, a subsidiary of CMB.TECH. The stock-for-stock merger will exchange each Golden Ocean share for 0.95 CMB.TECH ordinary shares. Upon completion, CMB.TECH will issue approximately 95.9 million new shares, with CMB.TECH shareholders owning 70% and Golden Ocean shareholders owning 30% of the combined company.

The merger will create one of the world's largest listed diversified maritime groups, with a combined fleet of approximately 250 vessels. The deal is expected to close in Q3 2025, subject to regulatory approvals and shareholder approval. Following the merger, Golden Ocean will delist from Nasdaq and Euronext Oslo Børs, while CMB.TECH will maintain its NYSE and Euronext Brussels listings and pursue a secondary listing on Euronext Oslo Børs.

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Golden Ocean Group Limited (GOGL) has announced its Q1 2025 earnings presentation, scheduled for May 21, 2025, at 15:00 CEST/09:00 EDT. The company will host both a webcast and conference call for the presentation of its first quarter 2025 results. Participants can join via webcast using a provided link or register for the conference call online. A Q&A session will follow the presentation, with instructions for submitting questions to be provided at the start of the session. The presentation materials will be available for download on the company's website (www.goldenocean.bm), where replay details will also be posted.

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Golden Ocean Group Limited (GOGL) has announced it will release its Q1 2025 financial results on Wednesday, May 21, 2025. The company will host a conference call and webcast at 3:00 P.M. CET (9:00 A.M. New York Time) on the same day.

The presentation materials will be available for download from the company's Investor Relations website prior to the event. Participants can join via webcast through the company's website or register for the conference call online. A Q&A session will follow the presentation.

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Golden Ocean Group Limited (GOGL) held its 2025 Annual General Meeting on May 8, 2025, in Hamilton, Bermuda. The shareholders approved several key resolutions, including setting a maximum of eight Directors and re-electing six Directors: Patrick De Brabandere, Patrick Molis, James O'Shaughnessy, Tonesan Amissah, James Ayers, and Carl Erik Steen. The meeting also approved the reappointment of PricewaterhouseCoopers AS as auditors and authorized a Board remuneration package not exceeding US$750,000 for the year ending December 31, 2025.

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Golden Ocean Group (NASDAQ: GOGL) and CMB.TECH NV (NYSE: CMBT) have announced a stock-for-stock merger agreement, with CMB.TECH as the surviving entity. The merger will be executed at an exchange ratio of 0.95 CMB.TECH shares for each Golden Ocean share, subject to adjustments.

Upon completion, CMB.TECH shareholders will own approximately 70% of the combined company, while Golden Ocean shareholders will hold 30%. The merger will create one of the largest diversified maritime groups globally, operating a fleet of over 250 vessels with a combined fleet value exceeding $11 billion.

The transaction, unanimously approved by both companies' boards, is expected to complete in Q3 2025. Following the merger, Golden Ocean will delist from NASDAQ and Euronext Oslo Børs, while CMB.TECH will maintain its NYSE and Euronext Brussels listings and pursue a secondary listing on Euronext Oslo Børs.

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Golden Ocean Group (GOGL) has announced its upcoming 2025 Annual General Meeting, scheduled for May 8, 2025. The company has made available the Notice of Annual General Meeting documentation along with the Company's Consolidated Financial Statements on Form 20-F for 2024 on their website at www.goldenocean.bm. The announcement was made on April 10, 2025, and complies with the disclosure requirements under Section 5-12 of the Norwegian Securities Trading Act.

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Golden Ocean Group (GOGL) has announced key executive appointments, with Mr. Peder Simonsen being promoted from his current interim position to permanent Chief Executive Officer of Golden Ocean Management AS. Additionally, Ms. Randi Navdal Bekkelund has been appointed as the new Chief Financial Officer, transitioning from her current role as CFO of Avance Gas Holding Ms. Bekkelund will assume her new position on June 1, 2025.

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Golden Ocean Group (NASDAQ and OSE: GOGL) has announced its upcoming 2025 Annual General Meeting scheduled for May 8, 2025. The company has set April 7, 2025 as the record date for voting eligibility. Shareholders can expect the Notice of Annual General Meeting, along with associated information including the Company's Annual Report on Form 20-F, to be distributed and made available on the company's website at www.goldenocean.bm before the meeting.

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FAQ

What is the current stock price of Golden Ocean Group (GOGL)?

The current stock price of Golden Ocean Group (GOGL) is $7.96 as of June 13, 2025.

What is the market cap of Golden Ocean Group (GOGL)?

The market cap of Golden Ocean Group (GOGL) is approximately 1.5B.
Golden Ocean Group Ltd

Nasdaq:GOGL

GOGL Rankings

GOGL Stock Data

1.54B
100.99M
40.81%
38.04%
2.58%
Marine Shipping
Industrials
Link
Bermuda
Hamilton