Singapore High Court blocks Noble AGM
Goldilocks fund says it wants a fair restructuring that “keeps Noble alive and sustainable”.
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April 2018
Noble Group AGM blocked by Singapore court
It has obtained support from over 83% of creditors for its restructuring support agreement
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Tankers: Suezmax Market in the Clear?
In its latest weekly report, shipbroker Affinity Research wondered whether we are sailing into the calm after the storm for Suezmax markets? Rather unlikely. The end of second decade May inquiry is still outstanding, and whilst Singaporean ballasters a…
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Wheels Within Wheels: Shipping And Oil Market Cycles
Shipping markets are by their nature cyclical, but anticipating the timing of market cycles is rarely easy in practice, not least because shipping’s cycles are so enmeshed with other economic cycles, notably in underlying commodity markets. For example…
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Capesize Market: Gap Between Charterers and Owners Remains Wide
Capesize Rates eased in the East, as the week closed out with the momentum slowing. Levels on the key West Australia/China run dropped to $7.25, in what appeared to be pre-holiday jitters, after climbing in excess of the mid-$7.00s before stalling. The…
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