The end of February saw leading executives from the Singapore shipping community gather at the prestigious Tanglin Club for the annual prize giving of the Institute of Chartered Shipbrokers (ICS) in Singapore.

Paris-headquartered broker BRS has acquired the Colombian international shipbroking company Amazonas Shipping SAS.

Lausanne-based international shipbroking company IFCHOR has opened a new office in Dubai under the name IFCHOR Middle East, aiming to conduct primarily dry business across the GCC region.

Shipbrokers Howe Robinson Partners are expanding into Norway with a new office in Bergen focusing on dry cargo.

Ukrainian shipowner Alexander Varvarenko has launched a new global digital marketplace of shipping called ShipNEXT.

Braemar Shipping Services is moving into finance with maritime advisory the acquisition of NAVES Corporate Finance.

Shipbrokers Clarksons Platou have opened their fourth largest office worldwide in Dubai.

Braemar Shipping Services 2016 profits for the year ended 28 February 2017 were hit restructuring costs for its technical division.

Integrated shipping services provider Clarksons has reported preliminary 2016 results showing what it calls “continued strong performance despite challenging markets”.

Shipbroking group Clarksons has warned of “materially lower” profits in 2016 compared to last year due to poor shipping and offshore markets.

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