Diversification helps Braemar overcome Covid slump
Volatile tanker markets in March and April helped Braemar’s shipbroking division, while its other businesses benefited as the oil imbalance and Covid-19 shocks eased
Braemar says diversification has helped it weather the pandemic as it overcame Covid-related operational challenges and the slump in global trade. Its shipbroking and financial advisory units made a strong start to the year, though freight forwarding took a hit
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