Dry CargoEurope

Golden Ocean orders three kamsarmaxes in China

Golden Ocean Group has managed to bag some comparatively early delivery slots in China, revealing today orders for three kamsarmaxes. The 85,000 dwt ships will deliver from Q3 in 2023 through to the first quarter of 2024.

Broking sources tell Splash the orders have been placed at CSSC Shanhaiguan and are costing $34m each. Golden Ocean has already taken the deliveries of eight kamsarmaxes from Shanhaiguan.

Ulrik Andersen, CEO of Golden Ocean Management, commented: “With this transaction, we continue executing on our strategy of renewing the fleet and improving its operating performance. At the same time, it underlines our belief in the long-term dry bulk fundamentals.”

Golden Ocean currently owns 92 vessels.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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