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Golden Ocean Group Limited - GOGL STOCK NEWS

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 (NASDAQ: GOGL, OSE: GOGL) is a Bermuda-based dry bulk shipping company specializing in the transportation of dry bulk cargo such as ores, coal, grains, and fertilizers. Operating under the international trade and development sector, the company is headquartered in Madrid, Spain. Golden Ocean Group leverages a robust fleet comprised of owned and chartered vessels, including bareboat vessels and commercial management vessels. These vessels are chartered out on both fixed-rate time charters and index-linked time charter contracts, ensuring flexibility and adaptability in various market conditions.

In recent developments, the company announced the appointment of Mr. Cato Stonex as Director. Additionally, Golden Ocean Group has been transparent with its financial performance, presenting its fourth quarter 2023 results in a webcast and conference call. The company's annual report for the year ended December 31, 2023, has been filed with the U.S. Securities and Exchange Commission and is accessible through their website. Shareholders can also request a hard copy of the report which includes the complete audited financial statements for 2023.

Looking ahead, Golden Ocean Group has scheduled its 2024 Annual General Meeting for April 29, 2024, with the associated information and financial statements available on their website. The company has also released its first-quarter 2024 results, offering insights through another webcast and conference call.

In a significant leadership change, Lars-Christian Svensen, the Chief Executive Officer of Golden Ocean Management AS, has stepped down to pursue new opportunities. The company's Chief Financial Officer, Peder Simonsen, has been appointed as the Interim CEO and CFO. The Board expressed their gratitude for Mr. Svensen's contributions and leadership, wishing him success in his future endeavors.

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FAQ

What does Golden Ocean Group Limited do?

Golden Ocean Group Limited is a Bermuda-based dry bulk shipping company specializing in the transportation of dry bulk cargo such as ores, coal, grains, and fertilizers.

Where is Golden Ocean Group Limited headquartered?

Golden Ocean Group Limited's headquarters is located in Madrid, Spain.

What recent leadership changes have occurred at Golden Ocean Group Limited?

Lars-Christian Svensen, the CEO of Golden Ocean Management AS, has stepped down, and Peder Simonsen has been appointed as the Interim CEO and CFO.

How can shareholders access the latest annual report?

Shareholders can access the latest annual report through the company's website or request a hard copy from the Investor Relations department.

When is Golden Ocean Group Limited's next Annual General Meeting?

The next Annual General Meeting is scheduled for April 29, 2024.

What type of cargo does Golden Ocean Group Limited transport?

The company transports dry bulk cargo, including ores, coal, grains, and fertilizers.

How does Golden Ocean Group Limited manage its fleet?

The company manages its fleet through a combination of owned and chartered vessels, including bareboat vessels and commercial management vessels.

What type of charter contracts does Golden Ocean Group use?

Golden Ocean Group uses both fixed-rate time charters and index-linked time charter contracts for its vessels.

Who recently joined the Board of Directors?

Mr. Cato Stonex was recently appointed as a Director on the Board of Golden Ocean Group Limited.

Where can investors find the company's financial presentations?

Investors can download the presentation materials from the company's website, www.goldenocean.bm.

Golden Ocean Group Limited

Nasdaq:GOGL

GOGL Rankings

GOGL Stock Data

2.59B
200.03M
39.63%
33.24%
1.65%
Deep Sea Freight Transportation
Transportation and Warehousing
Link
United States of America
14 Par La Ville Road