Acquisition of ice class Panamax vessel
Source:transportweekly 2014-4-16 10:31:00
Golden Ocean Group Limited has entered into an agreement to purchase one ice class Panamax vessel resale built at Pipavav Defence & Offshore Engineering Company. Golden Ocean is expected to take delivery of the vessel ex yard during second quarter 2014. The vessel will be named Golden Ruby and is acquired from a third party.
The price of the vessel is considered to be attractive, bearing in mind the additional requirements for an ice class vessel. The сompany will after this purchase have ten fairly identical ice class vessels and is the leading owner within this niche. Golden Ocean has over time gained experience in how to utilize this type of vessels both commercially and technically.