Golden Ocean Group (GOGL) has released an update.
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Golden Ocean Group Limited reported a net income of $56.3 million for Q3 2024, reflecting strong performance despite market volatility. The company continues to optimize its fleet by selling older vessels and renewing its share buy-back program, while also securing refinancing for six Newcastlemax vessels. With a modern fleet and a positive market outlook, Golden Ocean is well-positioned to deliver strong returns to shareholders.
For further insights into GOGL stock, check out TipRanks’ Stock Analysis page.
