John Fredriksen buys Quintana Shipping

John Fredriksen Golden Ocean Group will buy 14 dry bulk carriers of Greek shipowner and operator Quintana Shipping for $364 million.debt. Last week, Greek shipowner and operator Quintana Shipping withdrew plans for New York IPO – public offering. Currently, New York-listed Golden Ocean Group has 70 dry bulk carriers in oceans. John Fredriksen Golden Ocean Group was  closing price of $7 per share.  14 dry bulk carriers of Greek shipowner and operator Quintana Shipping’s  6 capesize and 8 panamax dry bulk carriers have an average age of 4. John Fredriksen Golden Ocean Group will pay interest of LIBOR plus 3.1% and filed to sell $60 million of its common shares.