Shipbroking

Seascope CEO Quits

British shipbroking group Seascope Shipping Holdings Plc said its chief executive Duncan Hill resigned, effective immediately. Non-executive chairman Tom Young will step in as acting chief executive until a successor is appointed. The company said Hill had decided to further his career outside the shipbroking industry.

StrategicIMX Completes Shipbroking Desktop Integration

Strategic Software has announced that StrategicIMX can now integrate all users of existing Strategic and Dataworks shipbroking software over the internet. A number of companies are already benefiting from IMX. US-based McQuilling Brokerage and Charles R. Weber are among the tanker brokers utilising the fully functional TankerIMX, a version specifically designed to cater for the tanker industry. E-Jan/DryBulkIMX, the IMX software for companies involved in dry bulk ocean transportation

Jamaica Opens Bremen Office

Cutting the metaphorical ribbon for the official opening of the JSR’s new office in , Hon. L. Michael Henry, CD, MP and Jamaican Minister of Transport and Works, paid tribute to ’s position as a leader in the shipping world saying its maritime cluster embraces just about every sector of this multi‐faceted and diverse industry.  He also used the occasion to outline the Jamaican government’s plans to create the island into a global maritime centre incorporating ship

Braemer Shipping Interim Management Statement

Braemar Shipping Services plc issued an Interim Management Statement in relation to the period since the six months ending 31 August 2008: “Shipping markets have experienced a significant correction over the past four months and in varying degrees dry and wet freight rates and vessel values are sharply lower, mainly in response to the slowing global economic demand and the significant contraction in the availability of bank lending

Williams Joins Braemar Seascope Research Team

Global shipbroker Braemar Seascope Ltd has underlined its commitment to delivering top quality market data and analysis by welcoming a new Research Manager to its London-based research team. Joining the research department is Mark Williams, an economist and consultant. Mark is a proven communicator and strategist and brings with him a wealth of knowledge and experience of the shipping markets. He has been tasked with reorganizing and boosting the capture

Braemar Announce Year Financial Results

Braemar Shipping Services PLC announce preliminary results for year ended Feb 29, 2012 OPERATIONAL HIGHLIGHTS · Increase in shipbroking chartering transactions and robust sale and purchase performance in a challenging market · Expansion of Braemar Technical Services with the purchase of Casbarian Engineering in addition to The Salvage Association · Significant role played by the Environmental division in handling the containers from the stricken RENA in New Zealand

Seascope CEO To Retire

Shipbroking group Seascope Shipping Holdings Plc said that Tom Young, CEO and chairman, would retire from the roles and become non-executive chairman from September 30. Current director Duncan Hill is slated to become chief executive of the company from October 1.

Seascope Announces Results

British shipbroking group Seascope Shipping Plc expects year pre-tax profits of 1.8 million pounds, against two million last year, after contract delays impacted results. Seascope said its work on exchanging contracts to complete its merger with Braemer Shipbrokers was progressing. Due to the size of the deal it would be classified as a reverse takeover. The company requested its shares be suspended in relation to this.

Stewart Group Launches Subsea Division

The Stewart Group, an international shipbroker, has added new depth with the appointment of Michael Braid to launch its specialist subsea and renewables business. "We're delighted Michael has joined The Stewart Group team,” said Paul Love, Managing Director of The Stewart Group.  “The caliber of the appointment underpins our growth strategy in the subsea and renewables sector." The Stewart Group, which has offices in Aberdeen, London, Houston, Cape Town and Ghana

Bramear Seascope Opens Oslo Office

Braemar Seascope will add to its shipbroking division by opening a new tanker chartering office in Oslo. Following the recent establishment of a deep sea tanker chartering desk in Houston, the new Oslo office will focus on the specialized tanker sector forming part of Braemar’s existing specialized team of 14 brokers. It will be led by Joachim Hagen-Hansen who will commence broking within the next three months. The office will be opened by Eirik Hagen with effect from May 6.