Welcome to our dedicated page for Golden Ocean Group news (Ticker: GOGL), a resource for investors and traders seeking the latest updates and insights on Golden Ocean Group stock.
Golden Ocean Group Limited (NASDAQ: GOGL, OSE: GOGL) is a Bermuda-based dry bulk shipping company specializing in the transportation of dry bulk cargo such as ores, coal, grains, and fertilizers. Operating under the international trade and development sector, the company is headquartered in Madrid, Spain. Golden Ocean Group leverages a robust fleet comprised of owned and chartered vessels, including bareboat vessels and commercial management vessels. These vessels are chartered out on both fixed-rate time charters and index-linked time charter contracts, ensuring flexibility and adaptability in various market conditions.
In recent developments, the company announced the appointment of Mr. Cato Stonex as Director. Additionally, Golden Ocean Group has been transparent with its financial performance, presenting its fourth quarter 2023 results in a webcast and conference call. The company's annual report for the year ended December 31, 2023, has been filed with the U.S. Securities and Exchange Commission and is accessible through their website. Shareholders can also request a hard copy of the report which includes the complete audited financial statements for 2023.
Looking ahead, Golden Ocean Group has scheduled its 2024 Annual General Meeting for April 29, 2024, with the associated information and financial statements available on their website. The company has also released its first-quarter 2024 results, offering insights through another webcast and conference call.
In a significant leadership change, Lars-Christian Svensen, the Chief Executive Officer of Golden Ocean Management AS, has stepped down to pursue new opportunities. The company's Chief Financial Officer, Peder Simonsen, has been appointed as the Interim CEO and CFO. The Board expressed their gratitude for Mr. Svensen's contributions and leadership, wishing him success in his future endeavors.
Golden Ocean Group Limited has scheduled its 2023 Annual General Meeting for May 8, 2023. Detailed information, including the Notice of the Meeting and the Company’s Consolidated Financial Statements on Form 20-F for 2022, is available on the Company’s website at www.goldenocean.bm.
The announcement was made on April 12, 2023, by the Board of Directors based in Hamilton, Bermuda. This press release complies with disclosure requirements under Section 5-12 of the Norwegian Securities Trading Act.
Golden Ocean Group Limited announces its 2023 Annual General Meeting (AGM) set for May 8, 2023. Shareholders must note that the record date for voting at the AGM is April 11, 2023. Detailed notice, agenda, and associated materials will be circulated ahead of the meeting.
The announcement emphasizes compliance with disclosure requirements under the Norwegian Securities Trading Act.
Golden Ocean Group Limited (NASDAQ: GOGL) has filed its annual report on Form 20-F for the year ending December 31, 2022, with the U.S. Securities and Exchange Commission. Shareholders can access the report on the company’s website at www.goldenocean.bm or the SEC website at www.sec.gov. The report includes the complete audited financial statements for 2022. Shareholders may request a hard copy by contacting the Investor Relations department. The filing is in accordance with the disclosure requirements of the Norwegian Securities Trading Act.
Golden Ocean Group Limited is set to present its fourth quarter 2022 results during a webcast and conference call scheduled for 15:00 CET today. Stakeholders can attend the event by following the provided webcast link or registering for the conference call here. A Q&A session will follow the presentations.
Golden Ocean Group Limited (GOGL) reported unaudited financial results for Q4 and FY 2022, highlighting a net income of $68.2 million and earnings per share of $0.34 for the fourth quarter, down from $104.6 million and $0.52 in Q3. The company achieved an adjusted EBITDA of $112.4 million in Q4. TCE rates for Capesize vessels averaged $21,399, and for Panamax/Ultramax vessels, $18,992. The company announced a cash dividend of $0.20 per share and disclosed plans to acquire six Newcastlemax vessels for $291 million, with financing arrangements in place. CEO Ulrik Andersen remains optimistic about future dry bulk demand.
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