Secondary listing green light for Fredriksen bulker vehicle

Secondary listing green light for Fredriksen bulker vehicle

Oslo: Oslo Børs will allow Knightsbridge Shipping Limited – to be renamed Golden Ocean Group – to go for a secondary listing.

The listing can take place so long as Knightsbridge has completed its merger with Golden Ocean Group, as first announced in a big shakeup among John Fredriksen controlled companies last October. The secondary listing will take place no later than May 7 this year, the bourse said.
The new Golden Ocean Group will have a fleet of 72 bulkers including 46 capesizes and is part of an overall expected consolidation of Fredriksen’s diverse shipping empire.

Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.

Related Posts