Golden Ocean Group saw slightly softer results in the fourth quarter and is readying plans to buy 18 bulkers, which analysts estimate could raise its net asset value (NAV) by up to 12% at this time next year.
The John Fredriksen-backed bulker owner booked net profit of $25.4m and earnings per share of $0.18 for the fourth quarter.
This is down from a net profit of $39.1m
