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Latest From Brokers
Pilot transactions have already been completed with two GSBN founding members, Cosco Shipping Lines and Orient Overseas Container Line
‘I’ve been in the chair for two months and I’m feeling pumped… People are looking for deals on the street,’ bullish former broker claims
Shipbroker reports impairment charge of more than $83m related to 2015 purchase of Platou Group
Announcement of ‘initial group’ of shipbrokers said to indicate progress towards sourcing of Infinity’s first fleet as well as underscoring interest in working within existing ‘maritime ecosystem’
‘You might get a client who gets a 5% increase in their hull rate. But that could be coming on the back of a 200% increase in their directors’ and officers’ liability premium. It still feels like a lot of money, if you look at insurance as a spend,’ says Aon head of marine Chris Bhatt
‘If you are a smaller operator without the sophistication to go into the fuel purchasing strategy markets, this provides low cost, predictable balance sheet protection,’ says Bhatt
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