Noble Group, the struggling commodities trader, has confirmed that it is selling four modern kamsarmax bulkers.
It is set to receive $95m for the four ships: the 82,000-dwt Ocean Integrity, Ocean Forte and Ocean Vision (all built 2015) and the Ocean Ambition (built 2014).
“The proposed disposal forms part of the group’s debt reduction included as part of the strategic review announced on 26 July 2017,” Noble said.