Knightsbridge’s second quarter results passed without any update on the potential union, which shipowner John Fredriksen has previously said could make sense.
“Golden Ocean still has ample firepower to do acquisitions, but we see a merger between Golden Ocean and Knightsbridge as more pressing than adding more tonnage at this point,” said Arctic Securities analyst Erik Nikolai Stavseth in his morning report today.
“In this respect, we expect the report to contain some guidance as to where Golden Ocean is focusing its efforts.”
Placing the two companies under one umbrella would again see Fredriksen sport the largest capesize fleet on Wall Street with 44.
Fredriksen was crowned the capeize king of Wall Street when the Knightsbridge tally hit 39 after its takeover of the...
