Golden Ocean Group (GOGL) has announce that it has taken delivery of the last vessel, Q Keen (to be renamed Golden Keen), hence all 16 vessels are now delivered.
Golden Ocean has issued 1,050,000 consideration shares to Quintana Shipping Ltd. and associated companies in exchange for the vessel.
In a stock exchange filing the reference is made to the stock exchange notice dated March 14, 2017 where GOGL announced that it has entered into agreements to acquire 16 modern dry bulk vessels in an all-share transaction where the Company will issue in aggregate 17.8 million consideration shares.
Following this transaction, the Company's issued share capital is USD 6,618,649.60 divided into 132,372,992 issued shares, each with a nominal value of USD 0.05.
GOGL is a leading international dry bulk shipping company based in Bermuda, mainly operating in the Capesize, Panamax and Supramax segments. GOGL is listed on NASDAQ and the Oslo Stock Exchange.
GOGL owns and controls a fleet of 70 vessels including newbuildings and vessels chartered in on long term time charter contracts. GOGL provide customers with flexible and reliable transportation services and develop strong industry relations with partners and customers.