Golden Ocean Selling Knightsbridge Shares
Bermuda’s Knightsbridge Tankers Limited yesterday [Mar. 14] announced that Golden Ocean Group Limited is offering to sell 2,438,199 Knightsbridge common shares in an underwritten public offering pursuant to an effective shelf registration statement filed with the US Securities and Exchange Commission.
Goldman, Sachs & Co. is acting as the sole underwriter for the offering. All net proceeds from the sale of the common shares will be received by the selling shareholder. Knightsbridge will not receive any of the proceeds.
Incorporated in Bermuda in 1996, Knightsbridge Tankers Limited is an international shipowning company listed on NASDAQ Stock Market and its primary business activity is international seaborne transportation of crude oil and dry bulk.
The fleet consists of four double-hull very large crude oil carriers, and four Capesize vessels.
