The design provided by JMU represents the future design Supramax bulk carriers with the latest technology available in order to secure fuel efficiency. The vessels are expected to be delivered during the first quarter of 2015. The Board is of the opinion that it has obtained favorable terms, attractive pricing and considers risk / reward as attractive from a historical perspective.
April 1, 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
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.