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

Companies Scramble to Secure Ships to Transfer Venezuelan oil

Companies Scramble to Secure Ships to Transfer Venezuelan oil

Russian Drone Hits Two Foreign-Flagged Vessels Near Odesa

Russian Drone Hits Two Foreign-Flagged Vessels Near Odesa

Turkey to Import 210,000 Metric Tons of Feed Barley

Turkey to Import 210,000 Metric Tons of Feed Barley

Senalia Expects Double Grain Shipments in 2025/26

Senalia Expects Double Grain Shipments in 2025/26

Subscribe for Maritime Logistics Professional E‑News

Nordics reject Trump’s claim that Chinese and Russian vessels are near Greenland. FT reports
Senalia, a grain terminal group, expects to double the number of shipments by 2025/26
The Finnish police have released a ship linked to Russia that was held in a cable sabotage investigation