SEPTEMBER 3, 2013 — John Fredriksen's Golden Ocean Group Limited reports that it has acquired one 2010 Korean built 181,000 dwt Capesize bulk carrier and one 2010 China built 29,200 dwt Handysize bulk carrier.

It said the vessels were bought in an en bloc transaction jointly on a 50/50 basis with a strategic partner (cargo owner).

Golden Ocean took delivery of the vessels today and says that its Board "is of the opinion that it has obtained a favorable price and considers risk / reward as attractive from a historical perspective."