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 18, 2021, it owned a fleet of 67 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.
IPO Year:
Exchange: NASDAQ
Website: goldenocean.bm
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/22/2024 | $15.50 | Buy → Hold | Jefferies |
| 1/5/2024 | Buy → Neutral | BTIG Research | |
| 10/24/2023 | $8.00 → $11.00 | Hold → Buy | Jefferies |
| 9/26/2022 | $14.00 → $10.00 | Buy → Hold | Jefferies |
| 7/21/2022 | $14.00 | Buy | Jefferies |
| 9/13/2021 | $13.00 | Neutral | H.C. Wainwright |
Reference is made to the press release issued by CMB.TECH NV (NYSE:CMBT, Euronext Brussels: CMBT)) ("CMB.TECH") on March 4, 2025, which announced that they had identified a bank syndicate to refinance all or parts of the outstanding debt in Golden Ocean Group Limited ("Golden Ocean"). Golden Ocean and CMB.TECH hereby announce the signing of a $2,000 million facilities agreement with a bank syndicate comprising a term loan facility of up to $1,250 million and a revolving credit facility ("RCF") of up to $750 million which will become available following the completion of the planned merger between Golden Ocean and CMB.TECH, expected in Q3 2025. Golden Ocean acts as the borrower and CMB.TECH
Golden Ocean Group Ltd (OSE/NYSE:GOGL) today released its seventh annual ESG Report. The 2024 report is prepared in accordance with the Marine Transportation framework established by the Sustainability Accounting Standards Board (SASB) and with reference to the Global reporting Initiative (GRI) Standards. The report covers ESG performance in our operations and value chain, along with how we manage material sustainability matters for the fiscal year 2024. Peder Simonsen, CEO, comments: "We continue to deliver on our strategy of fleet modernisation while maintaining a strong focus on operational efficiency. As a result, we are pleased to report a 11.7% reduction on CII emissions compared to
The shares in Golden Ocean Group Limited will be traded ex dividend USD 0.05 as from today relating to the dividend for the first quarter of 2025. The dividend will be paid on or about June 17, 2025. Due to the implementation of CSDR in Norway, dividends payable on shares registered with Euronext VPS is expected to be distirbuted to Euronext VPS shareholders on or about June 19, 2025. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
Antwerp, May 28, 2025 (GLOBE NEWSWIRE) -- CMB.TECH NV AND GOLDEN OCEAN GROUP LIMITED ANNOUNCE AGREEMENT AND PLAN OF MERGER CMB.TECH NV (NYSE:CMBT, Euronext Brussels: CMBT)) ("CMB.TECH") and Golden Ocean Group Limited (NASDAQ:GOGL, Euronext Oslo Børs: GOGL)) ("Golden Ocean") are pleased to announce that they have signed an agreement and plan of merger (the "Merger Agreement") for a stock-for-stock merger, as contemplated by the term sheet previously announced on 22 April 2025. The transaction is structured as a merger, with Golden Ocean merging with and into CMB.TECH Bermuda Ltd. ("CMB.TECH Bermuda"), a wholly-owned subsidiary of CMB.TECH, with CMB.TECH Bermuda as the surviving company
HAMILTON, Bermuda, 28 May, 2025, 22:30 CEST – Golden Ocean Group Limited (NASDAQ:GOGL, Euronext Oslo Børs: GOGL)) ("Golden Ocean") and CMB.TECH NV (NYSE:CMBT, Euronext Brussels: CMBT)) ("CMB.TECH") are pleased to announce that they have signed an agreement and plan of merger (the "Merger Agreement") for a stock-for-stock merger, as contemplated by the term sheet previously announced on 22 April 2025. The transaction is structured as a merger, with Golden Ocean merging with and into CMB.TECH Bermuda Ltd. ("CMB.TECH Bermuda"), a wholly-owned subsidiary of CMB.TECH, with CMB.TECH Bermuda as the surviving company (the "Merger"). In the framework of the Merger, each outstanding common share of G
Please find enclosed the presentation of Golden Ocean Group Limited's first quarter 2025 results for today's webcast / conference call at 15:00 pm CEST/09:00 am EDT. Attend by Webcast: Use the follow link prior to the webcast: GOGL Q1 2025 Webcast (https://edge.media-server.com/mmc/p/bfhcazxk) Attend by Conference Call: Participants will need to register online prior to the conference call via the link below. Dial-in details will be available when registered. GOGL Q1 2025 Conference Call (https://register-conf.media-server.com/register/BI7297ecb3bc1f42fd9f44587a2e14a834) A Q&A session will be held after the conference call/webcast. Information on how to submit questions will be given at t
Key information relating to the dividend to be paid by Golden Ocean Group Limited for the first quarter, 2025: Dividend amount: $0.05 per share Declared currency: USD. Dividends payable to shares registered with Euronext VPS will be distributed in NOK. Last day including right: June 3, 2025 Ex-date: June 4, 2025 Record date: June 5, 2025 Payment date: On or about June 17, 2025. Due to the implementation of CSDR in Norway, dividends payable on shares registered with Euronext VPS is expected to be distributed to Euronext VPS shareholders on or about June 19, 2025. Date of approval: May 21, 2025. This information is published in accordance with the requirements of the Continuing Obligat
Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the "Company" or "Golden Ocean"), the world's largest listed owner of large size dry bulk vessels, today announced its unaudited results for the quarter ended March 31, 2025. Highlights Net loss of $44.1 million and loss per share of $0.22 (basic) for the first quarter of 2025, compared to net income of $39.0 million and earnings per share of $0.20 (basic) for the fourth quarter of 2024.Adjusted EBITDA of $12.7 million for the first quarter of 2025, compared to $69.9 million for the fourth quarter of 2024.Adjusted net loss of $37.5 million for the first quarter of 2025, compared to adjusted net income of $12.7 million for the fourth quarter o
Golden Ocean Group Limited (the "Company") will publish its financial results for the first quarter of 2025 on Wednesday May 21, 2025. In connection with the release, a conference call and webcast will be held as described below: Conference call and webcastA conference call will be held at 3:00 P.M. CET (9:00 A.M. New York Time) on Wednesday May 21, 2025. The presentation will be available for download from the Investor Relations section at www.goldenocean.bm (under "Presentations") prior to the conference call/webcast. In order to listen to the presentation, you may do one of the following: a. WebcastVisit the Investor Relations section of the Company's website at www.goldenocean.bm and
Golden Ocean Group Limited (the "Company") advises that the 2025 Annual General Meeting of the Shareholders of the Company was held on 8 May 2025 at 08:30 hrs, at Hamilton Princess and Beach Club, 76 Pitts Bay Road, Hamilton HMCX, Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, 2024 were presented to the Meeting. In addition, the following resolutions were passed: To set the maximum number of Directors to be not more than eight.To resolve that vacancies in the number of Directors be designated as casual vacancies and that the Board of Directors be authorized to fill such vacancies as and when it deems fit.To re-elect Patrick De Braband
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
425 - Golden Ocean Group Ltd (0001029145) (Subject)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
SCHEDULE 13D/A - Golden Ocean Group Ltd (0001029145) (Subject)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
20-F - Golden Ocean Group Ltd (0001029145) (Filer)
Jefferies downgraded Golden Ocean from Buy to Hold and set a new price target of $15.50
BTIG Research downgraded Golden Ocean from Buy to Neutral
Jefferies upgraded Golden Ocean from Hold to Buy and set a new price target of $11.00 from $8.00 previously
Jefferies downgraded Golden Ocean from Buy to Hold and set a new price target of $10.00 from $14.00 previously
Jefferies initiated coverage of Golden Ocean with a rating of Buy and set a new price target of $14.00
H.C. Wainwright initiated coverage of Golden Ocean with a rating of Neutral and set a new price target of $13.00
BTIG reiterated coverage of Golden Ocean Group with a rating of Buy and set a new price target of $12.00 from $8.00 previously
BTIG reiterated coverage of Golden Ocean Group with a rating of Buy and set a new price target of $7.00 from $6.00 previously
BTIG Research resumed coverage of Golden Ocean Group with a rating of Buy and set a new price target of $7.00 from $6.00 previously
The shares in Golden Ocean Group Limited will be traded ex dividend USD 0.05 as from today relating to the dividend for the first quarter of 2025. The dividend will be paid on or about June 17, 2025. Due to the implementation of CSDR in Norway, dividends payable on shares registered with Euronext VPS is expected to be distirbuted to Euronext VPS shareholders on or about June 19, 2025. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
Antwerp, May 28, 2025 (GLOBE NEWSWIRE) -- CMB.TECH NV AND GOLDEN OCEAN GROUP LIMITED ANNOUNCE AGREEMENT AND PLAN OF MERGER CMB.TECH NV (NYSE:CMBT, Euronext Brussels: CMBT)) ("CMB.TECH") and Golden Ocean Group Limited (NASDAQ:GOGL, Euronext Oslo Børs: GOGL)) ("Golden Ocean") are pleased to announce that they have signed an agreement and plan of merger (the "Merger Agreement") for a stock-for-stock merger, as contemplated by the term sheet previously announced on 22 April 2025. The transaction is structured as a merger, with Golden Ocean merging with and into CMB.TECH Bermuda Ltd. ("CMB.TECH Bermuda"), a wholly-owned subsidiary of CMB.TECH, with CMB.TECH Bermuda as the surviving company
HAMILTON, Bermuda, 28 May, 2025, 22:30 CEST – Golden Ocean Group Limited (NASDAQ:GOGL, Euronext Oslo Børs: GOGL)) ("Golden Ocean") and CMB.TECH NV (NYSE:CMBT, Euronext Brussels: CMBT)) ("CMB.TECH") are pleased to announce that they have signed an agreement and plan of merger (the "Merger Agreement") for a stock-for-stock merger, as contemplated by the term sheet previously announced on 22 April 2025. The transaction is structured as a merger, with Golden Ocean merging with and into CMB.TECH Bermuda Ltd. ("CMB.TECH Bermuda"), a wholly-owned subsidiary of CMB.TECH, with CMB.TECH Bermuda as the surviving company (the "Merger"). In the framework of the Merger, each outstanding common share of G
Please find enclosed the presentation of Golden Ocean Group Limited's first quarter 2025 results for today's webcast / conference call at 15:00 pm CEST/09:00 am EDT. Attend by Webcast: Use the follow link prior to the webcast: GOGL Q1 2025 Webcast (https://edge.media-server.com/mmc/p/bfhcazxk) Attend by Conference Call: Participants will need to register online prior to the conference call via the link below. Dial-in details will be available when registered. GOGL Q1 2025 Conference Call (https://register-conf.media-server.com/register/BI7297ecb3bc1f42fd9f44587a2e14a834) A Q&A session will be held after the conference call/webcast. Information on how to submit questions will be given at t
Key information relating to the dividend to be paid by Golden Ocean Group Limited for the first quarter, 2025: Dividend amount: $0.05 per share Declared currency: USD. Dividends payable to shares registered with Euronext VPS will be distributed in NOK. Last day including right: June 3, 2025 Ex-date: June 4, 2025 Record date: June 5, 2025 Payment date: On or about June 17, 2025. Due to the implementation of CSDR in Norway, dividends payable on shares registered with Euronext VPS is expected to be distributed to Euronext VPS shareholders on or about June 19, 2025. Date of approval: May 21, 2025. This information is published in accordance with the requirements of the Continuing Obligat
Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the "Company" or "Golden Ocean"), the world's largest listed owner of large size dry bulk vessels, today announced its unaudited results for the quarter ended March 31, 2025. Highlights Net loss of $44.1 million and loss per share of $0.22 (basic) for the first quarter of 2025, compared to net income of $39.0 million and earnings per share of $0.20 (basic) for the fourth quarter of 2024.Adjusted EBITDA of $12.7 million for the first quarter of 2025, compared to $69.9 million for the fourth quarter of 2024.Adjusted net loss of $37.5 million for the first quarter of 2025, compared to adjusted net income of $12.7 million for the fourth quarter o
Golden Ocean Group Limited (the "Company") will publish its financial results for the first quarter of 2025 on Wednesday May 21, 2025. In connection with the release, a conference call and webcast will be held as described below: Conference call and webcastA conference call will be held at 3:00 P.M. CET (9:00 A.M. New York Time) on Wednesday May 21, 2025. The presentation will be available for download from the Investor Relations section at www.goldenocean.bm (under "Presentations") prior to the conference call/webcast. In order to listen to the presentation, you may do one of the following: a. WebcastVisit the Investor Relations section of the Company's website at www.goldenocean.bm and
Antwerp, April 22, 2025 (GLOBE NEWSWIRE) -- CMB.TECH NV (NYSE:CMBT, Euronext Brussels: CMBT)) ("CMB.TECH") and Golden Ocean Group Limited (NASDAQ:GOGL, Euronext Oslo Børs: GOGL)) ("Golden Ocean") are pleased to announce that they have signed a term sheet (the "Term Sheet") for a contemplated stock-for-stock merger, with CMB.TECH as the surviving entity, based on an exchange ratio of 0.95 shares of CBM.TECH for each share of Golden Ocean (the "Exchange Ratio"), subject to customary adjustments. The Term Sheet has been unanimously approved by CMB.TECH's Supervisory Board and by Golden Ocean's Board of Directors, including its special transaction committee composed of disinterested directors
HAMILTON, Bermuda, 22 April, 2025, 10.30 pm CET – Golden Ocean Group Limited (NASDAQ:GOGL, Euronext Oslo Børs: GOGL)) ("Golden Ocean") and CMB.TECH NV (NYSE:CMBT, Euronext Brussels: CMBT)) ("CMB.TECH") are pleased to announce that they have signed a term sheet (the "Term Sheet") for a contemplated stock-for-stock merger, with CMB.TECH as the surviving entity, based on an exchange ratio of 0.95 shares of CBM.TECH for each share of Golden Ocean (the "Exchange Ratio"), subject to customary adjustments. The Term Sheet has been unanimously approved by Golden Ocean's Board of Directors, including its special transaction committee composed of disinterested directors (the "Transaction Committee"),
Golden Ocean Group Limited (NASDAQ:GOGL, OSE: GOGL)) ("GOGL" or the "Company") is pleased to announce the appointment by the Board of Directors of Mr. Patrick De Brabandere and Mr. Patrick Molis as Directors of the Company. Mr. Patrick De Brabandere holds a degree in Applied Economic Sciences from UCL Louvain-la Neuve. He started his career at the audit firm Arthur Andersen. In 1987, he joined Almabo, the former holding company of the Saverys family, as Project Controller. He became CFO of CMB NV in 1998 and was appointed director of CMB NV in 2002. In 2003, following the partial demerger of Exmar NV from CMB NV, he became director and CFO of Exmar NV, then COO. In 2020 he became CFO of Exm