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Golden Ocen Group Secures Timecharter

Maritime Activity Reports, Inc.

February 5, 2008

Golden Ocean Group secured a time charter contract for its Capesize vessel Channel Navigator. The 172,000 dwt vessel was fixed out on a five-year contract beginning by the end of April 2009. The daily charter rate is $53,500 less 3.75% commission. Golden Ocean Group on Monday also announced a ten year time charter contract for a Capsize tanker currently under construction at the Zhoushan Jinhaiwan Shipyard in China.
With the advent of fuel transition, digitalization, AI and autonomy, innovation in vessel design and operation proceeds at unprecedented speed.
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