about 19 years ago
Golden Ocean Group Limited has agreed to get released from the bare boat agreements for the two 1994 built Panamax vessels ‘M/V Golden Jade’ and ‘M/V Golden Jasmine’ against purchasing the vessels for $14.5 million per vessel. Simultaneously the Company has agreed to sell the two vessels for net sal
Golden Ocean Group Limited has agreed to get released from the bare boat agreements for the two 1994 built Panamax vessels ‘M/V Golden Jade’ and ‘M/V Golden Jasmine’ against purchasing the vessels for $14.5 million per vessel.
Simultaneously the Company has agreed to sell the two vessels for net sale proceeds of $124.1 million in total. Delivery to the buyers is expected to take place in May 2008.
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