GOGL declares Kamsarmax options

Golden Ocean Group Limited (GOGL) has declared the options to purchase two Kamsarmax vessels at Zhoushan Jinhaiwan Shipyard (Jinhaiwan) in China. The 80,000 DWT vessels will be delivered during 2011 and are ?sister vessels? of the series ordered in October 2007. The delivered cost for the vessels is estimated to be about $52 million each.