By all accounts, the physical oil or coal volume traded by Noble Group Ltd. would place them in the world’s largest charterers of ocean-going vessels.
Figure 2- Segments Results
Can the commodity trader seriously trade over 3 Million barrel equivalent per day ?
“Don’t kid yourself, with Noble you can easily cut the apple in 4 or 5 “.
– Legendary oil trader
150 Millions metric tonnes of Oil liquids is a volume greater THAN the SUM of:
ST SHIPPING, Shipping arm of Glencore.
CLEARLAKE, Shipping arm of Gunvor.
CSSA, Shipping arm of Total S.A
and the Shipping arm of BP all combined…