Shipbrokers Braemar Shipping Services and ACM Shipping Group have agreed on a merger, according to the companies. The deal creates a major player with more than 1,000 employees in Europe, Asia, the United States, Africa, and the Middle East.
Braemar Group is a leading brokerage firm based in London. The company was created in 2001 after a merger between Seascope Shipping Limited, established in 1972, and Braemar Shipbrokers Limited from 1982. Today the company consists of four business areas; brokerage, technology, logistics, and environment. The company recently published its results for 2013, with a result before taxes of USD 15.1 million (GBP 9.0 million) and a revenue of USD 210.9 million (GBP 125.5 million).
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
Coal comeback prompts new trend within dry bulk: "It’s unfortunate for the climate, but it’s necessary right now"
Demand for coal is soaring in Europe due to Russia’s invasion of Ukraine, and the new market supports dry bulk carriers, say the chief execs of Lauritzen Bulkers, Ultrabulk and Golden Ocean to ShippingWatch.
Maersk Broker ready to mobilize within tanker: "Of course, we want to be part of it"
The tanker market has adjusted more rapidly than expected. Maersk Broker therefore wishes to expand business within tanker, requiring a strengthening of the organization, say top executives in an interview with ShippingWatch.
One alternative fuel may be particularly dangerous
In a new study – which Maersk, Shell, Euronav and MSC Ship Management, among others, are behind – the new alternative fuels are ranked based on how dangerous they are. The industry has to be careful with one of them, in particular.
Dan-Bunkering achieves billion-dollar revenue – set to focus on new acquisitions
Dan-Bunkering, part of fuel supplier Bunker Holding, last year saw a significant boost in revenue, with earnings coming in more flat. The bunker company will focus on mergers and acquisitions.
Analyst firm seeing signs of weakening container spot rates
Spot rates on the container market have declined in the past two weeks. The likelihood of a bigger drop in rates has increased, according to Sea-Intelligence.
Head of Vessel Operations 
Safety Leadership & Transformation Manager 
Head of Airfreight 
Assistant Operations Manager 
Crewing officer 
Senior Legal Counsel with a focus on Offshore Renewables 
Senior Sales Manager