GOGL News and Press, Golden Ocean Group Limited From 04/16/23

2023-04-16 20:24:19 ET Summary Genco has a generous and sustainable dividend policy that rewards shareholders with an annualized yield of 17% on the current stock price. GNK has a strong competitive advantage in the dry bulk shipping industry, with a diverse fleet of 44 vessels, a...

Golden Ocean Group Limited (the “Company”) announces that its 2023 Annual General Meeting will be held on May 8, 2023. A copy of the Notice of Annual General Meeting and associated information including the Company`s Consolidated Financial Statements on Form 20-F for 2022 can be fou...

2023-04-03 15:19:21 ET Summary We believe SBLK may still report excellent profitability in FQ1'23, attributed to the excellent contracted TCE rate of $15.12K and break even rate of $12K. Combined with the optimistic 1Y market-wide TCE rate of up to $18.5K, we reckon its intermedia...

2023-03-29 10:32:58 ET Summary Golden Ocean Group is actively selling old vessels and acquiring new ones with scrubbers; this helps the company to face regulatory changes. The company has experienced management with a track record of providing positive EBIT over a five-year period...

Golden Ocean Group Limited (the “Company”) advises that the 2023 Annual General Meeting of the Company will be held on May 8, 2023. The record date for voting at the Annual General Meeting is set to April 11, 2023. The notice, agenda and associated material will be distributed prior...

2023-03-28 15:00:57 ET Summary Investors need not look far to obtain hints of dry bulker recovery, given GOGL's higher TCE rates in FQ2'23. FQ1'23 may be temporarily painful, due to its lower contracted TCE rates and impact from rising inflationary pressures/ elevated interest rat...

2023-03-17 16:54:47 ET Meta Platforms (NASDAQ: META) , Amazon (NASDAQ: AMZN) , Apple (NASDAQ: AAPL) , Netflix (NASDAQ: NFLX) , and Alphabet (NASDAQ: GOOG) (NASDAQ: GOGL) have all done an excellent job growing their businesses and boosting profits. Thi...

Golden Ocean Group Limited (NASDAQ and OSE: GOGL) (the “Company”) announces that its annual report on Form 20-F for the year ended December 31, 2022 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “Commission”). ...

Summary Among the companies specializing in the mid-sized vessel category, EGLE is the company with the largest fleet. The company has been able to hold 70% of their Q4 TCE per day fixed at very similar rate as in Q3. EGLE scores higher on profitability ratios compared to its peers,...

Summary Golden Ocean’s 4Q 2022 and full-year 2022 financial results were weaker than 3Q 2022 and full-year 2021 financial results. Despite the positive effects of the reopening of China, the dry bulk shipping market outlook is not attractive. GOGL’s 1Q 2023 TCE per day...