Golden Ocean Trading Ltd (GOTL), which is a trading subsidiary of Golden Ocean Group Ltd, was established 30th of June 2009.
GOTL’s strategy is to focus on short term trading outside GOGL’s core fleet at lowest possible financial risk. This is achieved through strong operational performance in restricted geographical areas.
Furthermore Golden Ocean Trading Ltd is utilizing short term volatility in the dry bulk market to add value to its shareholder.
12,5 per cent of the shares of GOTL is owned by the employees of the management company. This to incentivise and retain long term commitment from the management of Golden Ocean.