GOGL - Mergers and acquisitions

ANTWERP, Belgium, 4 March, 2025 - CMB.TECH NV (NYSE:CMBT, Euronext: CMBT)) ("CMB.TECH") today announced that it, through its wholly-owned subsidiary, CMB.TECH Bermuda Ltd., has entered into a share purchase agreement with Hemen Holding Limited ("Hemen"), for the acquisition of 81,363,730 shares in Golden Ocean Group Limited ("Golden Ocean") at a price of 14.49 USD per share (the "Transaction"). The shares represent approx. 40.4% of Golden Ocean's issued share capital (calculated on the basis that Golden Ocean has issued 201,165,621 shares) and approx. 40.8% of Golden Ocean's outstanding shares with voting rights (calculated on the basis that Golden Ocean has 1,787,328 treasury shares which a

08.07.2022 Golden Ocean Group Limited (Nasdaq and OSE: GOGL) ("Golden Ocean" or the "Company"), one of the world's largest listed dry bulk shipowners, today announces that it has entered into agreements for the construction of three high-specification 85,000 dwt ECO-type dual-fuel Kamsarmax vessels, which will be equipped with the latest and most efficient propulsion system. Additionally, the Company announces the sale of two Ultramax vessels, Golden Cecilie and Golden Cathrine. The newbuilding vessels will have the same specifications and will be constructed with the same leading Chinese shipyard group as the seven newbuilding vessels the Company previously contracted, providing additiona

Golden Ocean Group Limited (Nasdaq and OSE: GOGL) ("Golden Ocean" or the "Company"), the world's leading owner of large size dry bulk vessels, today announces the sale of three of its oldest Panamax vessels, Golden Empress, Golden Enterprise and Golden Endeavour, delivered in 2010 and 2011, as part of the Company's ongoing strategy to ensure that it operates a modern, fuel-efficient fleet with a reduced emissions profile. The combined sales price of the three vessels is $52.0 million, and the Company expects to record a gain from the sales of approximately $9.6 million in the second quarter of 2022. Aggregate net cash proceeds of approximately $30.7 million are expected to be received in

Golden Ocean Group Limited (Nasdaq and OSE: GOGL) ("Golden Ocean" or the "Company"), one of the world's largest listed dry bulk shipowners, today announces the sale of two older Panamax vessels, Golden Opportunity and Golden Endurer, and an agreement to construct four Kamsarmax vessels. The aggregate sale price of the vessels is $37.2 million, and the Company expects to record gain from sale of approximately $4.9 million in Q3 2021 and $5.0 million in Q4 2021 and receive net cash proceed of approximately $22.2 million in Q4. The net cash proceeds will fund close to half of the estimated required equity for the Kamsarmax vessels. The balance will be funded through cash on hand and lo