There’s a very good business hiding inside Braemar Shipping Services: it’s called shipbroking.
Not that it would be particularly easy to spot to the casual observer. Until recently, Braemar’s shipbroking division has been left struggling to keep up with its rivals, as the group spent a decade doubling down on a misguided diversification strategy.
Now that adventure is being unwound, the new executive leadership should focus on what the company does best.
