Published: 23:45 CEST 07-10-2014 /GlobeNewswire /Source: Golden Ocean Group / : GOGL /ISIN: BMG4032A1045

GOGL - Golden Ocean Group Limited and Knightsbridge Shipping Limited agree to merge

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GOGL
http://www.goldenocean.no/?view=hugin_feed&menu=21&feed=http://cws.huginonline.com/G/135378/PR/201410/1861399.xml

VLCCF
http://www.knightsbridgeshipping.com/

After the Merger is completed, the Combined Company expects to have a fleet of 46 Capesize vessels, 10 ice class Panamax vessels, 8 Kamsarmax vessels and 8 Supramax vessels, of which 36 are newbuildings under construction. In addition the Combined Company expects to have a small number of leased vessels and one vessel owned through a joint venture.