The vessels, which are mostly more than 10 years old, comprise three very large crude carriers and four product tankers, all lying just outside Singapore port limits. The move signals that the piecemeal sell-off of assets is being used by some of the troubled company’s creditors as a means to recover debts

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

‘Gender equality is not a numbers game,’ says senior lecturer who started her career in the maritime industry 30 years ago

Broking and research performed particularly well during the first half of 2020 amid challenging times, company says

The changes, if approved, would come into effect from January 1, 2021 

Volumes in April hit a record, tied to a rally in Asia and expectations of a higher spot market in the second quarter