Braemar Shipping Services

London-listed shipbroker Braemar Shipping Services will launch a trading screen for dry Forward Freight Agreements (FFAs) at the beginning of April 2021. Braemarscreen.com is going to be used to give market price data. Currently, Braemar Shipping Services’ dry Forward Freight Agreements (FFAs) are used by an average of 400 users per day. Braemar Shipping Services has been working with European clearing house EEX to secure straight-through processing for dry Forward Freight Agreements (FFAs). Forward Freight Agreements (FFAs) slowly shifted from telephone trades to apps and computer screens. Braemar Shipping Services provides a hybrid platform for dry Forward Freight Agreements (FFAs). In 2018, Braemar Shipping Services moved into the dry Forward Freight Agreements (FFAs) with the acquisition of Atlantic Brokers and the recruitment of a dry cargo Forward Freight Agreement (FFA) team. Furthermore, Braemar Shipping Services’ dry Forward Freight Agreements (FFA) provides a transparent transaction in the market. 30-March-2021

 

London-listed shipbroker Braemar Shipping Services is anticipating an improvement in S&P (Sale and Purchase) activity as opportunities emerge after the coronavirus recession. Braemar Shipping Services’ S&P (Sale and Purchase) had observed a decrease in S&P (Sale and Purchase) activity levels during the pandemic. According to Braemar Shipping Services, the coronavirus pandemic has complicated S&P (Sale and Purchase) activity due to travel restrictions of surveyors, shipowners, and ship-managers. On the other hand, London-listed shipbroker Braemar Shipping Services’ corporate finance business, Braemar Naves has been busier and has been obtaining new fees in March 2020. Braemar Shipping Services’ corporate finance business Braemar Naves’ market share increased out of the distressed ship-financing market following the financial crash in 2008. Braemar Shipping Services elected to drop its dividend payment for 2020. Braemar Shipping Services has been keeping liquidity and bonds under vigilant oversight. Braemar Shipping Services assumes that the company has sufficient liquidity and covenant headroom. Braemar Shipping Services maintain adequate liquidity to operate efficiently. Braemar Shipping Services’ shipbroking division achieved a strong performance. Braemar Shipping Services anticipates that the world trade gradually recovers over the next quarter after the post-coronavirus recession. Braemar Shipping Services remains positive about the outlook for the shipping market. According to Braemar Shipping Services, the dry cargo market has started to improve and is anticipated to improve as Chinese imports increase. Braemar Shipping Services’ logistics division, Cory Brothers has seen a moderately healthy start to 2020 in its agency business. Braemar Shipping Services has plans to open new offices in Athens and Geneva. 21-April-2020

 

London-listed shipbroker Braemar Shipping Services has been missing the comfort of communication and collaboration across office desks. Generally, Braemar Shipping Services operates with all its teams on one floor for communications between shipbrokers. However, since early March 2020, shipbrokers have been based at home. Braemar Shipping Services’ S&P (Sale and Purchase) and newbuilding teams are finding it hard to work from home. 18-April-2020

 

London-listed shipbroker Braemar Shipping Services warns that world trade has been slowing due to coronavirus outbreak. Braemar Shipping Services presumes profits to be affected by the coronavirus outbreak. Braemar Shipping Services predicted that shipping markets have seen notable reductions in charter rates since the start of 2020, especially for the VLCC and capesize bulk carriers, due to diminished import of China. Because of the coronavirus outbreak, estimations for financial growth and world trade are broadly anticipated to decline. According to London-listed shipbroker Braemar Shipping Services, the health of all the company’s personnel and stakeholders is of predominant concern. Braemar Shipping Services has been watching the circumstances closely. The coronavirus outbreak is not stopping the expansion strategies of Braemar Shipping Services. Braemar Shipping Services plans to open new offices in Athens and Geneva. Braemar Shipping Services’ Athens office is going to concentrate on S&P (Sale and Purchase) market. Braemar Shipping Services’ Swiss office is going to concentrate on dry bulk brokerage services. Currently, the shipping market outlook is uncertain due to the coronavirus. Braemar Shipping Services’ logistics unit has reported financial results in line with 2019. Braemar Shipping Services aims to expand the company, including possible acquisitions. 6-March-2020

 

London-listed shipbroker Braemar Shipping Services attempts to maximize its shipbroking services. Braemar Shipping Services sold Technical Services Division sold to Aqualis. Furthermore, Braemar Shipping Services appointed new chairman Ronald Series. Braemar Shipping Services plans a three-year strategy for the company. Braemar Shipping Services anticipates growth through acquisitions. Braemar Shipping Services want to be a one-stop-shop for maritime services. Braemar Shipping Services’ shipbroking division Braemar ACM is led by James Gundy. According to Braemar Shipping Services’ shipbroking division Braemar ACM, financing in new businesses and expanding present markets is the appropriate method to proceed. Braemar Shipping Services invested in the LNG business which is performing strong. Braemar Shipping Services’ financial department is increasingly vital to the business and transactions have emerged from the finance side. In Q2 2019, Braemar Shipping Services has reduced the loss to $2.69 million. Braemar Shipping Services reported a strong performance from shipbroking services in Q2 2109. Braemar Shipping Services look forward to Q3 and Q4 with determination Full financial year of 2019 remains in line with Braemar Shipping Services’ expectations. In Q2 2019, Braemar Shipping Services’ tanker and newbuilding desks had a strong period of revenue increase. According to Braemar Shipping Services, the shipping market is currently subject to volatility due to IMO (International Maritime Organization) bunker regulations and shifting trading models. 20-October-2019

 

Braemar Shipping Services CEO James Kidwell is retiring after 17 years at the London-based shipbroker company. Chairman Ron Series will become executive chairman on an interim basis. Braemar Shipping Services’ CEO James Kidwell has performed a notable role in the growth of the Braemar Shipping Services. Under his management, Braemar Shipping Services completed the merger with ACM, acquired Naves. Furthermore, Braemar Shipping Services established technical division AqualisBraemar with Aqualis. Braemar Shipping Services CEO James Kidwell concludes that it is now the right time to step down. 16-July-2019