Dry CargoGreater China

Noble exits shipowning with cape sale

Noble Group Holdings has exited shipowning with the sale of its last capesize. The commodities company, which has been through an enormous restructuring in recent years, has sold the Aqua Vision for $16.63m.

VesselsValue data shows the vessel was bought by Greek owner Lavinia and renamed Aipos.

Noble operates in the supply chain of energy raw materials, technology metals, special ores and industrial minerals, and base metals, and is supported by its freight and logistics operations. It is rapidly moving into alternative energy and renewables-related businesses. 

Noble Group Limited, the former holding company of the group, which was previously listed in Singapore, but which is now unrelated to Noble Holdings following the restructuring, is undergoing a winding up process in Bermuda.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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