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Noble Chartering moves to Singapore to reduce costs

One of the world's largest dry bulk companies, Noble Chartering, is now moving its activities from Hong Kong to Singapore where the group is headquartered. The move is part of a major restructuring which has reduced the number of employees by over 70 percent in the past two years.

Photo: Noble Chartering

SINGAPORE

Already before taking our seat, Michael Nagler apologizes for the lack of coffee. It is so early in the morning that he does not really know where to get a cup of caffeine. Perhaps not so strange, because even though the move is underway, there are still several months until the head of Noble Chartering moves his desk to Singapore.

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