Timing was key to Golden Ocean Group's $752m deal with Hemen Holding, the bulker owner's chief financial officer has told TradeWinds.
The Fredriksen-backed shipowner on Wednesday announced plans to acquire 10 newcastlemaxes and eight kamsarmaxes, all of which are fitted with scrubbers.
Now, Peder Simonsen explained, the right time has finally arrived to pull the trigger on the deal and tap the equity market for cash.
