John Fredriksen’s bulker entity Golden Ocean is in talks with shipyards to delay newbuilding payments scheduled for this year having secured cash from the last of four capesize newbuildings sold in 2015, broking sources report.
Oslo-listed Golden Ocean is slated to take delivery of 11 further newbuildings, with five set to arrive in 2016 and the balance next year; they would consider it positive if the vessels were deferred beyond the first quarter of next year, as it is estimated to be a loss-making quarter.
Golden Ocean has $150.6m in payments due this year on its $349.9m orderbook.
