Golden Ocean Group Ltd Stock Price, News & Analysis

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.

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.

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.

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.

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.

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.

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.

Golden Ocean Group (GOGL) has announced significant changes to its Board of Directors with the appointment of two new members. Carl Erik Steen, who brings extensive shipping and banking experience from his leadership roles at Nordea bank and Christiania Bank, joins the board. He currently serves as Chairman of Wilhelm Wilhelmsen Holding ASA and holds directorships in companies including Golar LNG and Himalaya Shipping

James Ayers, who has been GOGL's Secretary since 2018, has also been appointed as Director. Ayers currently serves as CEO of Front Ocean Management since 2021 and previously headed Corporate Administration at Frontline He holds director positions in Oslo-listed companies Paratus Energy Services and Northern Ocean , bringing significant maritime and offshore energy sector expertise.

Golden Ocean Group (GOGL) has announced significant changes to its Board of Directors. The company has appointed Mr. Patrick De Brabandere and Mr. Patrick Molis as new Directors, both bringing extensive maritime and financial industry experience.

Simultaneously, four directors have stepped down: Mr. Ola Lorentzon, Mr. John Fredriksen, Mr. Ben Mills, and Mr. Cato Stonex. The newly composed Board, now consisting of James O'Shaughnessy, Tonesan Amissah, and the two new appointees, plans to initiate discussions with CMB.TECH, GOGL's new reference shareholder.

The Board will explore potential strategic options, including commercial cooperation, operational and technical partnerships, and other business combinations. Importantly, the company has confirmed its intention to maintain its current dividend policy until further notice.