Golden Ocean CEO: No Share Issue

Maritime Activity Reports, Inc.

November 24, 2015

Dry bulk shipping firm Golden Ocean Group said on Tuesday it did not consider an equity issue to improve its liquidity and balance sheet following challenging markets conditions.

"We are not considering equity issue. We are working on other options, including sale and leaseback," Golden Ocean Chief Executive Herman Billung told an investor conference.

Reporting by Ole Petter Skonnord

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