Exhibit 8.1

Seward & Kissel llp ONE BATTERY PARK PLAZA NEW YORK, NEW YORK  10004
TELEPHONE:  (212)  574-1200 FACSIMILE:  (212) 480-8421 WWW.SEWKIS.COM	901 K STREET, NW WASHINGTON, D.C. 20001 TELEPHONE:  (202) 737-8833 FACSIMILE:  (202) 737-5184

January 22, 2015

Knightsbridge Shipping Limited

Par-la-Ville Place

14 Par-la-Ville Road

Hamilton, HM08

Bermuda

Re:Knightsbridge Shipping Limited

Ladies and Gentlemen:

We have acted as counsel to Knightsbridge Shipping Limited (the “Company”) in connection with the Company’s Registration Statement on Form F-4 (File No. 333-200319) as filed with the U.S. Securities and Exchange Commission (the “Commission”) on November 18, 2014, as thereafter amended or supplemented (the “Registration Statement”) with respect to the transfer of 61,500,000 of the Company’ common shares, par value $0.01 per share. The Registration Statement relates to the merger of Golden Ocean Group Limited (“Golden Ocean”) with and into the Company with the Company as the surviving corporation (the “Merger”) pursuant to the Agreement and Plan of Merger, dated October 7, 2014, by and among the Company and Golden Ocean, as described in the form of the Joint Proxy Statement/Prospectus included in the Registration Statement (the “Joint Proxy/Prospectus”).

In formulating our opinion as to these matters, we have examined such documents as we have deemed appropriate, including the Registration Statement and the Joint Proxy/Prospectus. We also have obtained such additional information as we have deemed relevant and necessary from representatives of the Company.

Capitalized terms not defined herein have the meanings ascribed to them in the Registration Statement.

Based on the facts as set forth in the Registration Statement and, in particular, on the representation, covenants, assumptions, conditions and qualifications described under the captions (i) “Risk Factors” and (ii) “Material United States Federal Income Tax Consequences of the Merger” therein, we hereby confirm that statements made in the sections listed in (i) and (ii), insofar as they purport to constitute summaries of matters of U.S. federal income tax law and regulations or legal conclusions with respect thereto, are the opinions of Seward & Kissel LLP and accurately state our view as to the tax matters discussed therein.  Further, and subject to the limitations set forth in this letter, we are of the opinion that the Merger will qualify as a tax-free reorganization within the meaning of Section 368(a) of the U.S. Internal Revenue Code of 1986, as amended (the “Code”).

Our opinions and the tax discussion as set forth in the Joint Proxy/Prospectus and herein are based on the current provisions of the Code, the Treasury Regulations promulgated thereunder, published pronouncements of the Internal Revenue Service, which may be cited or used as precedents, and case law, any of which may be changed at any time with retroactive effect. No opinion is expressed on any matters other than those specifically referred to above by reference to the Registration Statement.

We hereby consent to the filing of this opinion as an exhibit to the Registration Statement.

Very truly yours,

/s/ SEWARD & KISSEL LLP