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Golden Ocean Group GOGL · USD

Industrials · US listing · 🇺🇸 United States

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16.04

+2.62%

Close of 9 Nov 2026, in USD

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About Golden Ocean Group

Its shares trade under the ticker GOGL. It has been listed since 7 February 1997. In the fiscal year to 31 December 2024, it reported revenue of $968.4m and net income of $223.2m. At that date it held total assets of $3.38bn and shareholders' equity of $1.90bn.

Golden Ocean Group Ltd. engages in the ownership and operation of dry bulk vessels. The firm is engaged in the transportation of dry bulk cargoes. The company owns and operates a fleet of dry bulk carrier vessels, focusing on the Capesize, Panamax and Supramax markets. Its vessels transport a range of major and minor bulk commodities, including ores, coal, grains and fertilizers. Its fleet includes owned vessels, bareboat vessels, chartered vessels, commercial management vessels and newbuildings. The company owns over 40 dry bulk carriers and has contracts for over 20 newbuildings. The company also has over 10 vessels chartered-in (of which over eight are chartered in from Ship Finance and over five are chartered in from third parties) and over one vessel chartered-in through a joint venture. Approximately six of the vessels are chartered-out on fixed rate time charters and the other operates in the spot market or fixed on index-linked time charter contracts.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Industrials
Industry
Marine
Listed since
7 Feb 1997
Employees
38

Leadership

Pay as last reported

  • Mr. Peder SimonsenChief Executive Officer - Golden Ocean Management AS
  • Mrs. Randi BekkelundChief Financial Officer of Golden Ocean Management
  • Mr. James AyersDirector
  • Mr. Patrick De BrabandereDirector
  • Mr. Patrick MolisDirector
  • Mr. Carl SteenDirector
  • Ms. Tonesan AmissahIndependent Director
  • Mr. James O' ShaughnessyIndependent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
37
Environment
23
Social
63
Governance
27
Direct emissions (scope 1)
2,176,400 t
Energy emissions (scope 2)
7.1 t
Value chain emissions (scope 3)
18.1 t
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Golden Ocean Group Ltd possesses several strengths that contribute to its competitive advantage in the market. These strengths include:

Weaknesses

  • Despite its strengths, Golden Ocean Group Ltd also faces certain weaknesses that could hinder its growth and performance. These weaknesses include:

Opportunities

  • Golden Ocean Group Ltd can leverage the following opportunities to further strengthen its market position and drive growth:

Threats

  • Golden Ocean Group Ltd should be aware of the following threats that could pose challenges to its business and profitability:

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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