11/02/2015at 09:04

Fredriksen's bulk carriers complete merger deal

Golden Ocean and Knightsbridge have completed the planned merger, which has been underway for some time now. Golden Ocean will now be de-listed from the Singapore stock exchange.

BY KATRINE GRØNVALD RAUN

The two dry bulk carriers Golden Ocean and Knightsbridge Shipping Limited, which both belong to Norwegian John Fredriksen's shipping empire, have now completed the merger of the two carriers, says Golden Ocean in a statement to the Oslo stock exchange.

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Fredriksen's bulk carriers complete merger deal

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Related articles:

Golden Ocean in Capesize venture with four bulk carriers

Platou recommends bulk investors to sell

Fredriksen's dry bulk giant secures work for 15 Capesize

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Front page now

Car carriers have rarely seen such profits: "We are probably at an all-time high"

Maersk rebrands Hamburg Süd and several other well-known subsidiaries

Fredriksen now owns nearly as many Euronav shares as the Saverys family

Blue Water founder promises future "focus on profitable growth"

EU considers capping Russian fuel prices at USD 100 a barrel

Borr Drilling raises USD 400m to pay off debt

Further reading

Car carriers have rarely seen such profits: "We are probably at an all-time high"

Maersk rebrands Hamburg Süd and several other well-known subsidiaries

End of 2M alliance could trigger a domino effect

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