| Miscellaneous | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | GOLDEN OCEAN GROUP LIMITED |
| Company Registration No. | N.A. |
| Announcement submitted on behalf of | GOLDEN OCEAN GROUP LIMITED |
| Announcement is submitted with respect to * | GOLDEN OCEAN GROUP LIMITED |
| Announcement is submitted by * | Per Heiberg |
| Designation * | VP Finance |
| Date & Time of Broacast | 14-May-2013 14:34:59 |
| Announcement No. | 00038 |
| Price Sensitivity | No |
| >> Announcement Details | |
| The details of the announcement start here ... |
| Announcement Title * | GOGL - Acquisition of Capesize bulk carrier |
| Description | Golden Ocean Group Limited ("Golden Ocean" or the "Company") is pleased to announce that it has acquired a 2009 Korean built 180,000 dwt Capesize bulk carrier. The vessel is bought jointly on a 50/50 basis with a strategic partner (cargo owner). Delivery of the vessels is expected to be end of June 2013. The Board is of the opinion that it has obtained a favorable price and considers risk / reward as attractive from a historical perspective. May 14, 2013 The Board of Directors Golden Ocean Group Limited Hamilton, Bermuda Contact Persons: Herman Billung: CEO, Golden Ocean Management AS +47 22 01 73 41 Birgitte Ringstad Vartdal: CFO, Golden Ocean Management AS +47 22 01 73 53 |
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