Golden Ocean Exercises Purchase Options for 8 Vessles

Golden Ocean Group Limited 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 10th anniversary of the charter-in agreements. The acquisition will be financed through a new $90 million revolving credit facility subject to customary documentation, closing procedures, and cash on hand. It is expected that the acquisition will be completed during Q3 2025.