Golden Ocean Group Has Potential For Long-Term Growth

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 ...