What Does Golden Ocean Group Do?

Total employees60
HeadquartersHamilton
Founded1996

Golden Ocean Group Limited (OSE/NASDAQ: GOGL) is a leading international dry bulk shipping company, primarily involved in the transportation of major bulk commodities such as ores, coal, grains, and fertilizers. The company owns and operates a large and modern fleet of dry bulk carriers, including Newcastlemax, Capesize, Panamax, and Supramax vessels. Golden Ocean focuses on maintaining a cost-efficient operation and a strong balance sheet to navigate the cyclical nature of the shipping industry, aiming to deliver value to its shareholders through fleet growth and market opportunistic charters.

Where Is Golden Ocean Group's Headquarters?

HQ Function

Serves as the official registered office, handling corporate governance, legal, and financial oversight for the global operations.

Notable Features:

Located in a prominent business district in Hamilton, offering modern office facilities suitable for an international corporation.

Work Culture:

Professional, results-driven, and focused on maritime expertise, financial prudence, and global market dynamics. The Bermuda office likely coordinates closely with operational hubs elsewhere.

HQ Significance:

Bermuda is a well-established jurisdiction for international shipping companies, offering a favorable regulatory and fiscal environment.

Values Reflected in HQ: Global outlook, financial stability, and adherence to international maritime and corporate standards.

Location:

Golden Ocean Group Limited supports its worldwide dry bulk shipping operations through a network of strategically located offices in Bermuda (registered office), Oslo (commercial and operational hub), Singapore (Asia-Pacific commercial hub), and Antwerp (technical support). These locations enable global vessel chartering, commercial management, technical fleet supervision, financial operations, and investor relations, ensuring efficient service across all major international shipping routes.

Street Address:

Par-la-Ville Place, 14 Par-la-Ville Road

City:

Hamilton

State/Province:

HM 08

Country:

Bermuda

Where Else Does Golden Ocean Group Operate Around the World?

Oslo, Norway

Address: Haakon VIIs gate 1, 0161 Oslo, Norway

Manages commercial activities, technical supervision, and maintains close contact with European clients and brokers.

Singapore

Address: 80 Robinson Road, #10-01A, Singapore 068898

Focuses on chartering, operations, and business development within the significant Asian dry bulk market, liaising with regional clients and partners.

Antwerp, Belgium

Address: Entrepotkaai 11, 2000 Antwerpen, Belgium

Provides technical fleet management and operational support for vessels trading in and around European ports.

Buying Intent Signals for Golden Ocean Group

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Golden Ocean Group? Meet the Executive Team

As of April 2025, Golden Ocean Group' leadership includes:

Lars-Christian Svensen - Interim Chief Executive Officer of Golden Ocean Management AS
Peder Simonsen - Chief Financial Officer of Golden Ocean Management AS
Herman Billung - Special Advisor

Who's Investing in Golden Ocean Group?

Golden Ocean Group has been backed by several prominent investors over the years, including:

Hemen Holding Ltd (John Fredriksen)
Folketrygdfondet
Morgan Stanley & Co. LLC
The Vanguard Group, Inc.
BlackRock Fund Advisors

What Leadership Changes Has Golden Ocean Group Seen Recently?

Hire1
Exits1

In the past year, Golden Ocean saw the resignation of its CEO, Ulrik Andersen, with Lars-Christian Svensen, formerly Chief Commercial Officer, stepping in as Interim CEO.

Departures

Ulrik Andersen, Ulrik Andersen resigned as CEO of Golden Ocean Management AS.

New Appointments:

Lars-Christian Svensen, Lars-Christian Svensen, previously CCO, was appointed Interim CEO of Golden Ocean Management AS following Ulrik Andersen's resignation.

What Technology (Tech Stack) Is Used byGolden Ocean Group?

Discover the tools Golden Ocean Group uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Golden Ocean Group Email Formats and Examples

Golden Ocean Group Limited primarily uses its management company, Golden Ocean Management AS, for operations. Email formats likely follow standard corporate patterns such as first initial and last name, or first name.last name.

[first_initial][last]@goldenocean.no or [first].[last]@goldenocean.no

Format

lsvensen@goldenocean.no or peder.simonsen@goldenocean.no

Example

80%

Success rate

What's the Latest News About Golden Ocean Group?

Golden Ocean Website (Press Release)May 16, 2024

Golden Ocean Group Limited (GOGL) – Results for the first quarter of 2024

Golden Ocean Group Limited announced its financial results for the first quarter ended March 31, 2024, reporting net income of $45.1 million and earnings per share of $0.23. Adjusted EBITDA was $97.3 million. The company also declared a cash dividend of $0.30 per share for the quarter....more

Golden Ocean Website (Press Release)February 21, 2024

Golden Ocean Group Limited (GOGL) – Results for the fourth quarter and financial year ended December 31, 2023

Golden Ocean reported net income of $67.6 million and earnings per share of $0.34 for Q4 2023. For the full year 2023, net income was $126.0 million. The company declared a cash dividend of $0.30 per share for Q4 2023....more

Golden Ocean Website (Press Release)November 14, 2023

Golden Ocean Group Limited (GOGL) – Management Update

Golden Ocean announced that Ulrik Andersen, CEO of Golden Ocean Management AS, has resigned. Lars-Christian Svensen, currently Chief Commercial Officer, has been appointed Interim CEO. Herman Billung will assume a role as Special Advisor to the Interim CEO and the Board....more

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