Braemar PLC Braemar-New Tanker Desk and Opens Spanish Office
06 December 2022 - 6:00PM
RNS Non-Regulatory
TIDMBMS
Braemar PLC
06 December 2022
6 December 2022
BRAEMAR PLC
("Braemar", or the "Group")
Braemar Recruits New Tanker Desk and Opens Spanish Office
-- Braemar has acquired an experienced 10-strong team with a long history of high performance.
-- The team are specialists in crude, dirty products, clean products, and period chartering.
-- The desk is a strong, synergistic complement to Braemar's tanker desks in London and Geneva
Braemar Plc (LSE: BMS), a leading international shipbroker and
provider of expert advice in shipping investment, chartering and
risk management services, i s pleased to announce that it has
recruited a new tanker broking team, based in Madrid, Spain.
The highly experienced team of 10 brokers is renowned within the
international tanker market, and previously worked for Medco
Shipbrokers SL . The team specialises in crude, dirty products,
clean products, and period chartering.
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.
The recruitment of the team has been actioned through the
acquisition of a newly established Spanish company that has been
formed to employ the brokers locally and which is wholly owned by
Braemar.
Tris Simmonds, Braemar COO, said , "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."
Lalo Pacheco, Spanish desk head , said , " We are delighted to
join Braemar and look forward to working together to form a
formidable partnership and to strengthen our service to our loyal
clients. We are excited about the future and the potential to grow
and develop as part of a powerful global team. "
ENDS
For further information, contact:
Braemar Plc
James Gundy, Group Chief Executive Officer Tel +44 (0) 20 3142 4100
Nick Stone, Chief Financial Officer
Investec Bank plc
Gary Clarence / Harry Hargreaves / Alice Tel +44 (0) 20 7597 5970
King
Cenkos Securities plc
Ben Jeynes / Max Gould (Corporate Finance) Tel +44 (0) 20 7397 8900
Alex Pollen / Leif Powis (Sales)
Buchanan
Charles Ryland / Jack Devoy / Jamie Hooper Tel +44 (0) 20 7466 5000
Notes to Editors:
Images
Image of Tris Simmonds, Chief Operating Officer at Braemar.
About Braemar Plc
Braemar provides expert advice in shipping investment,
chartering, and risk management to enable its clients to secure
sustainable returns and mitigate risk in the volatile world of
shipping. Our experienced brokers work in tandem with specialist
professionals to form teams tailored to our customers' needs, and
provide an integrated service supported by a collaborative
culture.
Braemar joined the Official List of the London Stock Exchange in
November 1997 and trades under the symbol BMS.
For more information, including our investor presentation, visit
www.Braemar.com and follow Braemar on LinkedIn .
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
Reach is a non-regulatory news service. By using this service an
issuer is confirming that the information contained within this
announcement is of a non-regulatory nature. Reach announcements are
identified with an orange label and the word "Reach" in the source
column of the News Explorer pages of London Stock Exchange's
website so that they are distinguished from the RNS UK regulatory
service. Other vendors subscribing for Reach press releases may use
a different method to distinguish Reach announcements from UK
regulatory news.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRAEAPASEEEAFFA
(END) Dow Jones Newswires
December 06, 2022 02:00 ET (07:00 GMT)
Braemar (LSE:BMS)
Historical Stock Chart
From Apr 2024 to May 2024
Braemar (LSE:BMS)
Historical Stock Chart
From May 2023 to May 2024