Golden Ocean Group Limited announces that it has declared the purchase options for eight Capesize vessels under the long-term charter-in agreements with subsidiaries of SFL Corporation Ltd.

The total purchase price is $112 million en-bloc, and the options have been declared in connection with the 10-year anniversary of the charter-in agreements.

The acquisition will be financed through a new $90 million revolving credit facility subject to customary documentation and closing procedures, and cash on hand.

It is expected that the acquisition will be completed during Q3 2025.

Golden Ocean Group Limited press release