A change of US president could allow UK financial advisor Braemar Naves to collect some overdue fees relating to an LNG export project put on hold earlier this year.
The finance arm of shipbroking group Braemar Shipping Services made provisions for bad debts in the six months to 31 August, due to money owed by its unnamed client.
Braemar finance head and chief operating officer Nick Stone told TradeWinds that the "quite significant" project involved the long-term goal of Braemar Naves raising money for the customer, for...
