Bulker owner Golden Ocean Group has spent just over $333,000 in repurchasing another 45,000 of its own shares as part of its share buyback scheme.

The John Fredriksen-backed shipowner said last week it spent around NOK 2.2m ($221,662) to buy back 30,000 shares on the Oslo Stock Exchange at an average price of NOK 74.52 each.

It repurchased the other 15,000 shares on the Nasdaq in New York at an average price of $7.44