One-liner: Golden Ocean Group is a leading dry bulk shipping corporation specializing in the transportation of various dry bulk cargoes.
Description: “Golden Ocean Group is a prominent player in the dry bulk shipping industry, focusing on the transportation of essential commodities such as ores, coal, grains, and fertilizers. The company operates a modern fleet that includes both owned and chartered vessels, ensuring efficient and reliable service to its clients. With a commitment to sustainability, Golden Ocean is dedicated to optimizing fuel consumption and reducing emissions, aligning with future regulatory requirements.
The company prides itself on its disciplined capital allocation strategy, which aims to create value for shareholders through direct payouts and strengthening its balance sheet. This approach has allowed Golden Ocean to return over $1 billion to its shareholders since 2021, highlighting its focus on financial success even in a volatile market.
Golden Ocean’s forward-looking strategy is centered around maintaining the youngest average fleet in the industry, which not only enhances operational efficiency but also positions the company favorably in a competitive landscape. As the largest listed owner of Capesize vessels, Golden Ocean is well-equipped to navigate the complexities of the dry bulk shipping market.”
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Country: Norway
Address: “Bryggegata 3, 0250 Oslo, Norway”
Service types: “dry bulk shipping, transportation of dry bulk cargo, commercial management”
Technology services: “digitalized fleet management, fuel consumption optimization”
Website: https://goldenocean.bm
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Linkedin: https://www.linkedin.com/company/goldenocean.no/
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Categories: Logistics service