Maersk Broker is to sharpen its focus on complex offshore advisory services after branching out into the subsea arena and expanding its dedicated offshore team this week.
As TradeWinds reported online, the Danish shipbroker is taking full ownership of Kennedy Marr, putting to rest weeks of speculation about its purchase of the UK subsea specialist brokerage.
Maersk Broker has not disclosed the value of the deal but global head of offshore Finn Essendrop says the move can be viewed as a clear countercyclical expansion during the sector’s worst downturn in 30 years.