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Home›News›Golden Ocean Group Limited: Panamax Bareboat Agreements
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August 2, 2006 · about 20 years ago

Golden Ocean Group Limited: Panamax Bareboat Agreements

Golden Ocean Group Limited (“GOGL”) is pleased to advise that an agreement has been reached with Clipper Bulk Shipping Ltd. to take over the bareboat agreements for a fleet of 5 Panamax Bulkers. The vessels are: Clipper Jade, built 1994; Clipper Jasmine, built 1994; Clipper Joy, built 1994; Clipper

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Golden Ocean Group Limited (“GOGL”) is pleased to advise that an agreement has been reached with Clipper Bulk Shipping Ltd. to take over the bareboat agreements for a fleet of 5 Panamax Bulkers.

The vessels are: Clipper Jade, built 1994; Clipper Jasmine, built 1994; Clipper Joy, built 1994; Clipper Glory, built 1990; Clipper Gem, built 1990;

GOGL will pay USD 38,0 million in cash to take over the bareboat agreements, and will pay a daily bareboat rate for the five vessels of USD 28,000.

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