Braemar boosts LPG presence with acquisition of LPG Connect International

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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 based on Braemar’s strong belief in the future growth of the global LPG trade. It will enhance Braemar’s presence in this sector and provide a greater service to both companies’ customer base and the market overall.

Braemar LPG Connect will be located in Braemar Seascope’s London office and will be headed by Stuart Anderson who will also be part of Braemar’s Gas Department team, with Allison Isaac-Hierscher joining in operations. Stuart has significant broking and trading experience in this sector and will bring a new LPG broking discipline to Braemar through the move.

Stephen Wilson, head of Braemar’s LPG division, said the acquisition would greatly add to the services Braemar already provides to the global LPG markets.

LPG Connect International’s training course partnership is not affected and will continue unchanged.

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