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Braemar Steege News

31 May 2012

Braemar Launches New Salvage Support Operation

Incident response and environmental clean-up specialist Braemar Howells and its sister company Braemar (Incorporating The Salvage Association) are to work together to provide a 24-hour global response capability to the world’s shipping and marine insurance sectors. In what is being seen as a key development in the expansion of Braemar’s Technical Services (BTS) division, both companies have formed Braemar Marine Salvage Support Services which will provide on-site distressed cargo management and salvage support services to salvors…

18 Oct 2011

Braemar Shipping Launches Technical Service

Braemar Shipping Services plc's penetration of the global marine and offshore services sectors continues to develop with the bringing together of its business units under the umbrella control of the Braemar Technical Services (BTS) division. As was set in train with the results’ announcement in May 2011, BTS will bring a broader service as well as operating efficiency benefits to customers of its technical services businesses - Braemar Casbarian, Braemar Falconer, Braemar Steege, Braemar (incorporating The Salvage Association) and Braemar Wavespec/Wavespec. - Braemar (incorporating The Salvage Association) as a leading multi-disciplinary marine surveying and technical consultancy arm providing services to the world's shipping, offshore energy and insurance sectors.

04 Feb 2009

New Director Joins Braemar Steege

Loss adjuster, Braemar Steege, announced that Ian Baxter (FCILA, ACII) will be joining the company’s Singapore office as a Director, effective 1 April 2009. Ian has been in the insurance industry for 35 years. The past 26 years have been spent in South East Asia. Prior to joining Braemar Steege, Ian served many years with the international adjusters, Thomas Howell Group, latterly as Director of Asia Pacific. Roger Law, Managing Director of Braemar Steege, said “We are delighted with Ian’s appointment as it strengthens our team in Singapore.

22 Jan 2009

Braemer Shipping Interim Management Statement

“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. However, within our Shipbroking division chartering has remained active and to date there have been no significant cancellations within our forward order book. Our Technical Services businesses have maintained the high activity levels experienced in the first half and the Logistics and Environmental businesses are continuing to perform steadily. The Board is confident about the out-turn for the current financial year.

29 Oct 2008

Braemar Shipping Interim Results

Commenting on the results and outlook, Sir Graham Hearne, Chairman, said: “Our strategy remains to position the Group as a leading player in a selective range of marine and shipping services. We believe this will provide the Group with resilience to weather adverse conditions and a platform from which we can take advantage of suitable opportunities. Alan Marsh, Chief Executive, said “Despite the market this is a set of record results for Braemar which gives us confidence that our expectations for the full year out-turn will be met.

19 Jun 2008

Braemar Reports Interim Management Statement

Braemar Shipping Services reported at its Annual General Meeting, that freight rates have recently set record highs in the dry bulk market and wet chartering has also seen a period of notable strength. Shipbroking income is ahead of the first quarter of last year and activity levels have been high with good business concluded over the first quarter in these favorable conditions. The addition of more newbuilding orders and time charter business has sustained the high level of our forward order book. Other businesses are performing in line with the company's internal expectations. The company is pleased with the performance of Steege Kingston since it was acquired in March.

19 May 2008

Braemer Rebrands Business Divisions

Braemar Shipping Services plans to rename companies within its group to create greater awareness of the breadth of its maritime services. The move will result in the following changes: • Braemar’s environmental division DV Howells becomes Braemar Howells • Specialist loss adjusting arm Steege Kingston will be known as Braemar Steege • Falconer Bryan, the group’s technical survey and marine consultancy services business, will change to Braemar Falconer. The name changes become effective today while further re-branding of websites and corporate literature is scheduled to take place over the coming months. Braemar Shipping Services plc is a leading integrated provider of broking and consultancy services to the shipping industry.