New plans by a major Greek-owned bulker operator to exit the Oslo Bors has sent a shiver through the Norwegian exchange.
The biggest factor around Star Bulk Carriers' decision — which must still be formally ratified at an annual general meeting on 12 May — is surely the miserable state of the dry freight markets?
The company needs to cut costs but has also concluded it is getting limited benefit from Oslo, compared with its primary listing on the Nasdaq in New York.
