Braemar has promoted three London-based company veterans to lead the company’s key tanker business.
Josh Allen-Back, Stephen Danby and Jack Stratton were revealed as the new tanker leadership team on Friday.
James Gundy, chief executive of Braemar, said on LinkedIn: “This marks the beginning of a revised focus and objectives for the sector.”
He added: “I feel that with their contacts and expertise within their specific areas, the combination of all three will create a fresh, hungry and forward-thinking leadership team within tankers.”
Gundy stepped in as head of tankers earlier this year after the exit of David Collins.
Like Gundy, the new leaders joined Braemar when it took over tanker specialist ACM Shipping over a decade ago.
“Josh and Jack are primarily crude focused whereas Stephen’s background is predominantly within products,” Gundy explained.
“The move reflects recognition for their significant leadership and contribution to the growth and success of Braemar over the past 10 years.”
Tankers are a traditionally strong area of the Braemar broking business and, in the past year, it has expanded with the acquisition of Southport Maritime in the US and the Madrid Tanker desk in Spain.
Tankers contributed £54.7m ($70.7m) to the company’s revenue in the last full financial year, with the specialised tanker arm adding a further £19.2m.
Dry cargo chartering accounted for £22.1m in the same period, while sale-and-purchase added £23.5m to the top line of £152.8m.
Collins left as Braemar’s head of tankers in March, as TradeWinds reported at the time.
Gundy stepped in to lead the team on an interim basis, with chief operating officer Tris Simmonds noting a wish to promote internal talent to fill the void.
Simmonds told TradeWinds at the time: “We see the importance of empowering all of our brokers so they can lead us as the shipping market evolves.”
