Golden Ocean Management: Enabling global business to flourish

As one of the world’s leading dry bulk shipping companies, Golden Ocean Management AS helps supply the world with commodities essential to farming, manufacturing and energy supply.

Connecting countries, cultures and economies, shipping is the lifeblood of global transportation. From industry demands to consumer needs, linking international supply chains remains the key to worldwide trade.

As one of the world’s leading dry bulk shipping companies, Golden Ocean Management AS helps supply the world with commodities essential to farming, manufacturing and energy supply.

“Driven by agility, efficiency and safety, Golden Ocean has become the world’s largest owner of capesize vessels,” CEO Lars- Christian Svensen said.

“The average age of the Golden Ocean fleet is approximately seven years and we currently have 95 vessels — 60 capesize and Newcastlemax and 35 Panamax and Kamsaramax.” With its fleet chartered by customers around the world, Golden Ocean’s investors trust the company’s forward-looking strategy, best-in-class safety standards and strong financial track record — proving financial and sustainable solutions can go hand in hand.

Driven by agility, efficiency and safety, Golden Ocean has become the world’s largest owner of capesize vessels.

Lars-Christian Svensen, Chief Executive Officer of Golden Ocean

The global economy depends on connections and on the safe and efficient mobility of goods. In line with these factors, Golden Ocean carefully analyzes global markets to improve performance, cut costs and employ future technologies that will unlock new possibilities and greater revenue.

With this positive mindset, optimistic outlook and dividend-focused strategy, Golden Ocean is the clear-cut pick for shipping-savvy investors.

“Listed on New York’s Nasdaq and on the Oslo Bors, we have a market capitalization of approximately $2.5 billion and have paid out around $1 billion in dividends to shareholders since 2021,” Svensen said.

Golden Ocean and Japan

In recent years, Golden Ocean has strengthened its presence in Japan. Today the group manages monthly shipments through trusted partnerships with respected Japanese counterparts.

“We are proud to have Japanese tonnage in our fleet and are actively looking to increase the amount of Japanese tonnage we handle,” Svensen said.

“In the next couple of years, with its historically low order book set to continue, we expect the dry bulk market, especially for capesize vessels, to remain strong. On a personal note, and as an organization, we are humbled to work with our Japanese friends and look forward to doing more business together in the future.”

www.goldenocean.bm

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