Golden Ocean Group Ltd.
Golden Ocean Group Ltd. operates as a holding company with interest in owning, operating and constructing dry bulk ships. It constructs ships in the Capesize, Panamax and Kamsarmax classes. The Golden Ocean Group fleet is managed by the fully owned subsidiary Golden Ocean Group Management (Bermuda) Ltd, which in turn has subcontracted services to Golden Ocean Management AS and Golden Ocean Management Asia Pte Ltd. The company is also involved in chartering activity, as well as sale and purchase of vessels. It trades forward freight agreements for the purpose of managing its exposure to vessel spot market rates and for speculating. Golden Ocean Group was founded on November 8, 2004 and is headquartered in Hamilton, Bermuda.