GOGL Takes Two More Vessels from Quintana

May 15, 2017

 Golden Ocean Group (GOGL)  said it has taken delivery of additional two vessels, Q Myrtalia and Q Shea, from Quintana Shipping  in exchange for 1.95 million consideration shares.

 
A statement from the company said: "Reference is made to the stock exchange notice dated March 14, 2017 where Golden Ocean Group 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."
 
The Company is pleased to announce that it has taken delivery of the first two vessels, Q Sue and Q Kaki (to be renamed Golden Sue and Golden Kaki). 
 
Golden Ocean has issued 1.6 million consideration shares to Quintana Shipping Ltd. and associated companies in exchange for the two vessels. 
 
Following this transaction, the Company’s issued share capital is USD 5,843,649.6 divided into 116,872,992 issued shares, each with a nominal value of USD 0.05.
 

Logistics News

SEA-LNG: LNG Bunkering is Surging

SEA-LNG: LNG Bunkering is Surging

Baltic Index Falls as Capesize, Panamax Decline

Baltic Index Falls as Capesize, Panamax Decline

Future Workforce: Maritime and Supply Chain Graduate Finley Navigates Success

Future Workforce: Maritime and Supply Chain Graduate Finley Navigates Success

HD HHI, BV Launch JDP for Onboard Container Ship Guidance System

HD HHI, BV Launch JDP for Onboard Container Ship Guidance System

Subscribe for Maritime Logistics Professional E‑News

There are some flights to the Middle East that have resumed but there is still disruption.
United issues safety bulletin for pilots following plane collision with light pole near Newark Airport
Airbus delivered 81 planes in May, after the China bottleneck eased