Quitting London is not on the cards for Braemar Shipping Services despite a shift in focus towards Asia, the broking company claims.
A secondary listing in Singapore or elsewhere would also appear to have been ruled out as the added costs are currently unjustifiable.
Alan Marsh-led Braemar announced on Tuesday that it is sending tanker man Denis Petropoulos to the Lion City to head up a new office which will incorporate all of its associates there as well as housing new tanker chartering and sale-and-purchase (S&P) desks.
But
