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Wed, Apr

Golden Ocean, CMB.TECH announce merger plan

Golden Ocean, CMB.TECH announce merger plan

Ports World
Golden Ocean, CMB.TECH announce merger plan
The merger is expected to create one of the world’s largest diversified maritime groups, with a fleet of more than 250 vessels. Credit: GE_4530/Shutterstock.

Golden Ocean Group and CMB.TECH have signed a term sheet regarding a proposed stock-for-stock merger, with CMB.TECH designated the surviving entity.

The terms have been unanimously endorsed by the board of directors of Golden Ocean, including its special transaction committee, as well as by the

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Original Source SHIP TECHNOLOGY

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Original Source SHIP TECHNOLOGY

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