SSY launches offshore broking push with takeover of Goran Rostad’s Westshore
London shop plotting further expansion after breakthrough deal in Norway
Shipbroking
Braemar recruits broker Rebecca Reed-Sperrin to lead new oil derivatives desk
Expansion of UK shipbroker’s securities division continues apace
Owners concerned over ‘disconnect’ between elevated bulker values and weaker freight rates
But Braemar analyst Alexandra Alatari believes market earnings are set to improve for bigger vessel sizes
Braemar-GFI’s Sam Mitchell takes over as chairman of tanker FFA association
Experienced broker elected to replace Oil Brokerage’s Andrew Hamilton
Pacific Carriers exits VLGC market with sale of the Rubra
The Singapore-based shipowner has sold the 22-year-old carrier for more than it paid five years ago
Buyers run out of road to talk down secondhand tanker prices, broker warns
Seaborne’s Eva Tzima says the scene is set for asset values to climb even further
Law firm SPB teams with Baltic Exchange to offer S&P deal-closing service
US-headquartered company’s 30-strong commodities and shipping group to be supported by London exchange’s escrow operation
Scrubber gains shrink as fuel spread crunched in major bunker hubs
BRS says price differential is deflating as high-sulphur bunkers become more expensive in Asia
Braemar hands out $2.4m in stock to bosses as it seeks capital reduction
UK shipbroker rewards performance of executives, while bidding to increase its dividend capacity
Editor’s Selection: Maersk Tankers caught up in sanctions, Lorentzen & Co wields job axe and Euronav eyes huge fuel savings
TradeWinds revisits some of the biggest stories of the week