Golden Ocean Group

Golden Ocean Group is a Bermuda registered, Norway based dry bulk shipping company. The company was created as a demerged part of Frontline in 2004 and listed on the Oslo Stock Exchange. 35% of the company is owned by John Fredriksen.

The fleet consists of 24 owned vessels (20 under construction), 22 chartered vessels (7 with purchase options), 7 bare boat vessels (all with purchase options), 10 vessels under commercial management (8 ore-bulk-oil carrier, two capesizes under construction) and 9 sold up on yard delivery. 16 of these are capesize while 56 are panamax, of which 1 capesize and 8 panamaxes are sold when delivered from yard.

Management of the fleet is carried out by the Norwegian company Golden Ocean Group Management AS led by Herman Billung.

Traded as:           OSE: GOGL;        NASDAQ: GOGL

Industry:              Shipping

Founded:            2004

Headquarters:   Hamilton, Bermuda

Products:             Dry bulk shipping

Owner:                 John Fredriksen (35%)


  • Golden Ocean Trading Ltd.
  • Golden Ocean Management Ltd.
  • United Freight Carriers LLC


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