Golden Ocean Group

#4930

Rank

$1.44B

Marketcap

Bermuda

Country

Leadership team

Mr. Ulrik Uhrenfeldt Andersen (Chief Exec. Officer of Golden Ocean Management AS)

Mr. Peder Carl Gram Simonsen (Chief Financial Officer of Golden Ocean Management AS)

Mr. Lars-Christian Svensen (Chief Commercial Officer of Golden Ocean Management AS)

Products/ Services

Shipping, Transportation

Headquarters

Hamilton, Hamilton, Bermuda

Established

1996

Company Registration

SEC CIK number: 0001029145

Net Income

500M - 1B

Revenue

Above - 1B

Traded as

GOGL

URL

https://www.goldenocean.bm

Overview

Location

Recognition and Award

References

Summary

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 23, 2022, it owned a fleet of 81 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.

History

Founded in 2001 by Norwegian shipping entrepreneur John Fredriksen, the firm has steadily grown through extensive mergers and acquisitions as well as strategic joint ventures. At the end of 2013, the company had a fleet of 77 vessels comprising panamax, capesize, post panamax, ultramax and handymax vessels, trading in waters around the globe.

Mission

Golden Ocean’s mission is to provide high quality ocean transportation services at the lowest economic cost by balancing human and financial resources, deploying state-of-the-art vessels and operating in an environmentally responsible manner.

Vision

The vision of Golden Ocean is to become a globally recognized partner in dry bulk shipping through ongoing commitment to safety, quality and innovation.

Key Team

Mr. Tord Brath (Head of Global Operations)

Recognition and Awards

In 2013, Golden Ocean was chosen as the “Shipowner/Operator of the Year” at the Triton Awards. It also received the highest score in Lloyd’s List’s “Environmental Best Practice” award, indicating extremely high standards of environmental stewardship.