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Braemar PLC - London-based shipbroker & advisor in shipping investment - Recruits new tanker broking team, based in Madrid, Spain. The team of 10 brokers previously worked for Medco Shipbrokers SL and specialise in crude, dirty products, clean products, and period chartering, Braemar says.
‘The new desk’s offering and client base will complement those of Braemar’s existing tanker desks in London and Geneva, strengthen Braemar’s global coverage, and bring new commercial relationships to the group,’ it adds.
Chief Operating Officer Tris Simmonds says: ‘I am delighted to welcome the new Spanish tanker team to Braemar. They have an exceptional track record spanning over 30 years and bring with them a well-established customer base that will enhance our presence in the global tanker market. Expanding into new markets has always been part of our strategy, and the recruitment of this Madrid-based team is our next step in executing our growth plan.’
Current stock price: 307.50 pence
12-month change: down 45%
By Sophie Rose, Alliance News reporter
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