UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~September~~October 22, 2014

Golden State Petroleum Transport Corporation
(Exact name of registrant as specified in its charter)
Delaware	333-26227	13-3927016
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(IRS employer identification no.)

4th Floor Par-la-Ville Place 14 Par-la-Ville Road Hamilton, Bermuda		HM 08
(Address of principal executive offices)		(Zip Code)

(Registrant's telephone number, including area code): (441) 295-6935

(Former Name or Former Address, if Changed Since Last Report): None

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[_]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[_]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[_]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[_]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.01 Completion of Acquisition or Disposition of Assets

On October 20, 2014 Golden State Petro (IOM I-A) PLC, an affiliate of Golden State Petroleum Transport Corporation, completed the sale of the vessel m.t. Ulriken to Yinson Production (West Africa) Pte. Ltd., an unrelated third party, for net proceeds of $26,250,000.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

Exhibit Number	Description
99.1	~~Press~~Announcement ~~Release~~of ~~Announcing~~ Sale of VLCC Ulriken, dated ~~September~~October 22, 2014

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	GOLDEN STATE PETROLEUM TRANSPORT CORPORATION (Registrant)
	GOLDEN STATE PETROLEUM TRANSPORT CORPORATION
Dated: September 22, 2014	By:	/s/ Alexandra Kate Blankenship Name: Alexandra Kate Blankenship Title: Director
	(Registrant)
Dated: October 22, 2014	By:	/s/ Alexandra Kate Blankenship
	Name:	Alexandra Kate Blankenship
	Title:	Director

EXHIBIT INDEX

Exhibit Number	Description
99.1	~~Press~~Announcement ~~Release~~of ~~Announcing~~ Sale of VLCC Ulriken, dated ~~September~~October 22, 2014

EXHIBIT 99.1

~~ITCL -~~ Golden State Petroleum Transport Corporation Announces Sale of ~~VLCC Ulriken (ex-Antares Voyager)~~Vessel

October 22, 2014 — Golden State Petroleum Transport Corporation (the "Company"), a ~~wholly-owned~~Delaware ~~subsidiary~~corporation, ~~of Independent Tankers Corporation Limited ("ITCL")~~ announced ~~today~~ that its affiliate Golden State Petro (IOM- I-A) PLC ~~("GS~~sold ~~IOM-A"),~~the avessel ~~subsidiary~~m.t. ofUlriken, ~~the~~which ~~Company,~~served ~~has~~as ~~entered~~collateral ~~into~~for anthe ~~agreement~~8.04% toFirst ~~sell~~Preferred ~~the~~Mortgage ~~VLCC~~Notes ~~Ulriken~~due 2019 (~~ex-Antares~~CUSIP ~~Voyager~~38121E AJ2/ISIN US38121EAJ29) (the "~~Vessel~~Notes") toissued anby ~~unrelated~~the ~~third~~Company, ~~party.~~on October 20, 2014. The ~~delivery~~sale iswas ~~expected~~made toin ~~take~~accordance ~~place~~with inthe ~~October~~requirements ~~2014~~of ~~and~~the ~~will~~indenture ~~comply~~(the ~~with~~"Indenture") governing the ~~provisions~~Notes. As ofprovided by the Indenture, asthe ~~amended~~net ~~and~~proceeds ~~supplemented~~from (the ~~"Indenture")~~sale, ~~governing~~together ~~the~~with ~~8.04%~~other ~~First~~funds ~~Preferred~~held ~~Mortgage~~by ~~Notes~~or ~~due~~on ~~2019~~behalf ~~issued~~of bythe trustee under the ~~Company~~Indenture (for the ~~"Notes").~~benefit ~~After~~of ~~delivery~~noteholders, itwill isbe ~~expected~~used ~~that~~to mandatorily redeem all remaining outstanding notes 90 days after the sale of the vessel. The Company expects that the mandatory redemption will ~~cease~~take toplace ~~operate~~on inor ~~the~~around ~~tanker~~January ~~market~~19, 2015.

~~The~~Advisory: ~~sales~~This ~~price~~announcement ~~will~~is ~~result~~for ininformational anpurposes ~~Adequate~~only ~~Bid (as defined in the Indenture),~~ and ~~pursuant~~is tonot ~~Section~~being ~~12.1(d)~~made ofin ~~the Indenture, the net proceeds from such sale, together with~~ any ~~other~~jurisdiction ~~amounts~~in ~~held~~which bythe ormaking ~~on behalf~~ of ~~The~~this ~~Bank~~announcement ofwould ~~New~~violate ~~York Mellon for~~ the ~~benefit~~laws of ~~the~~such ~~holders~~jurisdiction, ofnor ~~the~~is ~~Notes,~~it ~~will~~an beoffer ~~applied~~ to ~~redeem~~purchase ~~all~~or ~~outstanding~~sell, ~~Notes~~a atsolicitation ~~100%~~ of ~~the~~an ~~principal~~offer ~~amount thereof, plus accrued and unpaid interest~~ to ~~the~~purchase ~~redemption~~or ~~date~~sell, ~~which~~or isa 90solicitation ~~days~~of ~~after~~consents ~~the~~with ~~sale~~respect ofto ~~the~~any ~~Vessel~~securities.

The Board of Directors

Independent Tankers Corporation Limited

Hamilton, Bermuda

September 22, 2014

Questions should be directed to:

Aage K. Korff Østern, Vice President Finance, Frontline Management AS

+47 23 11 40 00

Forward Looking Statements

This ~~press~~announcement ~~release~~ contains forward looking statements. These statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including the Company's management's examination of historical operating trends. Although the Company believes that these assumptions were reasonable when made, because assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond its control, the Company cannot give assurance that it will achieve or accomplish these expectations, beliefs or intentions.

Important factors that, in the Company's view, could cause actual results to differ materially from those discussed in this ~~press~~announcement ~~release~~ include the strength of world economies and currencies, general market conditions including fluctuations in charter hire rates and vessel values, changes in demand in the tanker market as a result of changes in OPEC's petroleum production levels and world wide oil consumption and storage, changes in the Company's operating expenses including bunker prices, drydocking and insurance costs, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, and other important factors described from time to time in the reports filed by the Company with the Norwegian over-the-counter market in Oslo.

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