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Golden Ocean orders three kamsarmaxes at Chinese yard

Photo: Scott Graham - Unsplash Man signing a contract
The dry bulk shipowner Golden Ocean Group has inked an agreement for the construction of three 85,000 dwt eco-type kamsarmax vessels at a Chinese shipyard.

The dual-fuel ready vessels will be equipped with the latest and most efficient propulsion system, contributing with significant improvements in fuel consumption and emissions performance. 

Dalian Shipbuilding Industry (DSIC) is likely to be the yard behind the contract.

Ulrik Andersen, CEO of Golden Ocean Management commented, With this transaction, we continue executing on our strategy of renewing the fleet and improving its operating performance. At the same time, it underlines our belief in the long-term dry bulk fundamentals.

The vessels are scheduled to deliver from the third quarter of 2023 to the first quarter of 2024.