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.