UK group Braemar Shipping Services has revealed shipbroking operations are proving stronger so far this year than bosses had expected.
Broking arm Braemar ACM, headed by James Gundy, has made a "strong start" in its current year beginning 1 March, the company said.
This has been driven by the tankers desk, where the volatility in oil markets in March and April led to high spot and long-term charter rates.
