Golden Ocean Group is looking to grease the wheels for future share offerings.
The Birgitte Vartdal-led company has registered $400m-worth of shares for possible future sale.
The documents have been submitted to the US Securities and Exchange Commission as part of a shelf registration that allows future sale of common shares, preferred shares, debt securities or warrants.
It also gives Oslo-headquartered Golden Ocean the ability to sell purchase contracts, rights and units as specified, according to the documents.