Hamilton, Bermuda, August 28, 2024 - Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the "Company" or "Golden Ocean"), the world's largest listed owner of large size dry bulk vessels, today announced its unaudited results for the quarter ended June 30, 2024. Highlights Net income of $62.5 million and earnings per share of $0.31 (basic) for the second quarter of 2024, compared with net income of $65.4 million and earnings per share of $0.33 (basic) for the first quarter of 2024. Adjusted EBITDA of $120.3 mill ...

Golden Ocean Group Limited (the "Company") will publish its financial results for the second quarter of 2024 on Wednesday August 28, 2024. In connection with the release, a conference call and webcast will be held as described below: Conference call and webcast A conference call will be held at 3:00 P.M. CEST (9:00 A.M. New York Time) on Wednesday August 28, 2024. The presentation will be available for download from the Investor Relations section at www.goldenocean.bm (under "Presentations") prior to the co ...

Golden Ocean Group Ltd (OSE/NYSE: GOGL) today released its sixth annual ESG Report. The 2023 report is prepared in accordance with the Marine Transportation framework established by the Sustainability Accounting Standards Board (SASB), the disclosure requirements of the UN Global Compact as well as reporting guidelines for NASDAQ/Euronext stock exchanges. Peder Simonsen, Interim CEO and CFO, comments: "We are proud to present the sixth 2023 ESG report giving comprehensive insight into the environmental, soc ...

Overview Ship Business Not Shipping Capesize ships are too large and sit in water so deep they cannot pass through the Suez and Panama Canals. Capesize is a sobriquet because they pass through Cape Horn and COGH. Panamax ships squeeze through the Panama Canal. On May 22, '24, management issued its Q1 '24 financial report and this statement: Golden Ocean has been successfully pursuing a strategy of investing in the Company's fleet to ensure the ability to generate cash flow under any market circumstances. Th ...

Golden Ocean Group (GOGL) recently announced that Lars-Christian Svensen has decided to step down as the chief executive officer or CEO of Golden Ocean Management AS to seek new opportunities. The company is the owner of one of the largest dry bulk fleets in the world. Golden Ocean Group Management AS is responsible for management of the fleet. GOGL would he hoping that the company performs well on the bourse under Simonsen as well. Following the exit of Svensen from the top position, GOGL has appointed Ped ...

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"I would like to thank Lars-Christian for his valuable contributions to the company as CCO and CEO and wish him all the best for the future", said Ola Lorentzon, Chairman of Golden Ocean. This information is subject to the disclosure requirements of section 5-12 of the Norwegian Securities Trading Act. Lars-Christan Svensen commented: "I would like to thank the Board and my colleagues for wonderful years. I am proud to have contributed to the Company's success and development during my tenure. I wish the Co ...

Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the "Company" or "Golden Ocean") today announced that Lars-Christian Svensen, Chief Executive Officer of Golden Ocean Management AS, has decided to step down from his position to seek new opportunities. The Board has appointed the company's CFO, Peder Simonsen, to take the role as Interim Chief Executive Officer and Chief Financial Officer of Golden Ocean Management AS. Mr. Svensen will be available for the company till September 1, 2024. The Board of Directors ...

EXHIBIT 99.1 INTERIM FINANCIAL INFORMATION GOLDEN OCEAN GROUP LIMITED First Quarter 2024 May 22, 2024 Hamilton, Bermuda, May 22, 2024 - Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the "Company" or "Golden Ocean"), the world's largest listed owner of large size dry bulk vessels, today announced its unaudited results for the quarter ended March 31, 2024. Highlights Lars-Christian Svensen, Chief Executive Officer, commented: "Golden Ocean was well positioned as the new year got underway with significant spo ...

Golden Ocean Group Limited (NASDAQ:GOGL) Q1 2024 Earnings Conference Call May 22, 2024 9:00 AM ET Company Participants Lars-Christian Svensen - CEO Peder Simonsen - CFO Conference Call Participants Sherif Elmaghrabi - BTIG Omar Nokta - Jefferies Operator Good day, and thank you for standing by. Welcome to the First Quarter 2024 Golden Ocean Group Limited Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer s ...