GOGL

Golden Ocean Group Limited is an international shipping company specializing in the transportation of dry bulk commodities. The company operates a large fleet of vessels used to transport raw materials essential to global trade.

• Owns and operates a fleet of dry bulk vessels used in global commodity transport.

• Ships key bulk commodities such as iron ore, coal, grains, and fertilizers.

• Operates vessel classes including Capesize, Panamax, Kamsarmax, and Newcastlemax.

• Generates revenue through a mix of long-term charter contracts and spot market exposure.

• Participates in global maritime trade routes connecting major commodity-exporting and importing regions.

Golden Ocean’s business model is based on the ownership and operation of large dry bulk carriers that transport raw materials used in steel production, energy generation, and agriculture. Demand for these services is closely tied to global economic activity and commodity trade flows.

The company manages its fleet through an international operational structure with maritime subsidiaries and management functions distributed across several global shipping hubs. This structure allows Golden Ocean to operate efficiently across major international trade routes.

Golden Ocean Group Limited is listed on the Nasdaq and on Euronext Oslo Børs under the ticker GOGL.

History and Development

Golden Ocean traces its origins to 1996, when the company was incorporated in Bermuda under the name Knightsbridge Tankers Limited. In its early years, the business focused primarily on oil transportation through large crude carriers.

The company later shifted its strategic focus toward the dry bulk shipping segment, gradually building a fleet designed to transport key industrial commodities such as iron ore and coal.

A major milestone occurred when the company merged with a dry bulk operator and adopted the name Golden Ocean Group Limited, reinforcing its positioning in the global bulk shipping market.

Today, Golden Ocean operates one of the largest publicly traded dry bulk fleets, serving international commodity trade routes and focusing on efficient fleet management, long-term charter strategies, and participation in the global seaborne commodities market.

Additional Information

Golden Ocean Group Limited (United States) is listed on the Nasdaq and has a market capitalization of $1.59 Billion, with shareholders equity totaling $1.83 Billion.

The company employs approximately 38 people and operates in the Industrial sector, within the Marine industry.

Over the past 12 months, Golden Ocean Group Limited reported $613.52 Millions in revenue, generating net income of $51.19 Millions.

Key financial metrics include a P/E ratio of 13.97, a price-to-book (P/B) ratio of 0.87, and a trailing twelve-month dividend yield of 10.03%.

The company trades under the ticker GOGL.