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Read all the latest news about Golden Ocean Group. ShippingWatch gives you independent, credible, critical and fair news.

Drewry: Half of the older Capesize ships must go

The overcapacity in the dry bulk fleet - the root of the severe crisis in the industry - could be gone within a few years if carriers were willing to pull vessels out of the market. Half of the global fleet of Capesize vessels over 12 years old must go, says Drewry.

"Jeg ville absolut have gjort det samme i dag"

Hverken Knightsbridge eller Golden Ocean havde forudset en så stor nedtur på tørlastmarkedet, da man begyndte diskussionen om en fusion. CEO Herman Billung fortæller om den storstilede sammenlægning til ShippingWatch.

Fearnley: Tørlastværdier rasler ned

Det hårde tørlastmarked med rater under markant pres har fået værdien på tørlastskibe til at falde dramatisk det seneste år. Flere redere konverterer tørlastskibe til tank, skriver Fearnley.

Golden Ocean Group in major Q1 impairment

Listed dry bulk carrier Golden Ocean Group suffered a net deficit of USD 75.3 million in the first quarter 2015, and the company performs a large impairment on five Capesize vessels, which have been sold and leased back.

Golden Ocean divesting bulk vessels on a large scale

Golden Ocean has signed numerous sales agreements for a total 14 Capesize vessels. Several vessels will be chartered back, says the carrier, which has also postponed the deliveries of several newbuildings in a tough market.

Fredriksen's dry bulk merger settled

The merger between John Fredriksen's dry bulk players, Knightsbridge and Golden Ocean, which creates a new major dry bulk entity, has now been settled. Read on to learn the plans for the carrier going forward.

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