Braemar boosts LPG presence with acquisition of LPG Connect International

Braemar Seascope Ltd, the shipbroking arm of Braemar Shipping Services plc, has underlined its commitment to the all-important product broking market by acquiring the LPG broker and consultant LPG Connect International to form a product broking division called Braemar LPG Connect. Creation of the product broking division, to take effect from April 21st, 2009, is […]

The Swedish Club bucks falling trends with $4m surplus

A major turnaround in the P&I market has resulted in a combined underwriting surplus of $4m for The Swedish Club’s 2008 figures, which posted a shocking $18m loss in the preceding year, bucking the trend of financially struggling Clubs. Unexpected severity in claims, substantial financial losses and evaporating investment portfolios have hit the International Group […]

Piraeus lying idle but waiting for work

The two hour trip from Piraeus to Hydra is a monotonous yet calming experience. The Flying Dolphin cuts its way through the surf, speeding faster and faster to its never changing destination, reports Sean Moloney from Athens. But passengers travelling between the Greek mainland and the surrounding islands now have their regular view interrupted by […]