Dry Bulk Ship Owner Orders 3 Dual Fuel Kamsarmax Vessels


Dry bulk shipowner Golden Ocean has announced an order for three 85,000 DWT ECO-type dual fuel Kamsarmax vessels, reports Bunkerspot.


The ships, which will be constructed by the Chinese shipyard group which is already building seven dual fuel newbuilds for Golden Ocean, will be delivered across Q3 2024 and Q1 2025.

Sale of two Ultramax vessels

At the same time, the company also disclosed the sale of two Ultramax vessels, Golden Cecilie and Golden Cathrine, for an aggregate sale price of $63 million. The sales proceeds will fund the expected equity portion payable for the three new Kamsarmax vessels.


Ulrik Andersen, CEO of Golden Ocean Management AS, commented: ‘Golden Ocean is committed to maintaining one of the largest and most modern fleets in the industry. In the process, the Company will continue to improve the fuel efficiency of its fleet, ensuring best-in-class performance at a reduced carbon footprint.

Importantly, all of our newbuildings are dual-fuel ready, which provides us the flexibility to evaluate propulsion options as the visibility of future emissions-related regulations and technology improves.

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Source: Bunkerspot


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