Chemicals and tanker brokerage Odin-RVB has agreed to merge with Iberica Tanker Chartering to address the growing industry demand for services beyond vessel fixtures.

The five-strong Iberica brokerage will join Odin Marine Group’s Barcelona office from 1 February, taking the team to more than 130 people.

The deal adds Iberica’s relations with traders and expertise in spot markets to Odin’s direct line into the chemical industry and producers.