Richard Fulford-Smith’s Affinity has moved into the South American market with the takeover of dry cargo specialist Santiago Chartering.

Its new outpost will be headed by Hans Bredrup and will look to head the group’s tanker expansion in South America.

“This an exciting development in the growth of Affinity and our first step into the region which we believe is integral to both the dry cargo and tanker markets,” a statement said.

“We