Noble Group has sold one of its kamsarmax bulkers as it closes in on a restructuring of its debt.
Singapore-listed Noble, which today missed a coupon payment on a $750m bond as debt talks continue, has offloaded the 82,000-dwt Ocean Integrity (built 20015).
It said the vessel sold for $24m with a book loss of $2m expected to be carried in its full year results for 2017.