Independent journal on economy and transport policy
12:49 GMT+1
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ICAP Shipping has acquired the Island Shipbrokers of Singapore
the society is specialized in the chartering, sale and acquisition of tankers
February 21, 2012
ICAP Shipping, division of marine intermediation of British group ICAP plc, has acquired by Tim Madley, Allan Spangsberg and Mystic Enterprises Ltd. the society of shipbroking Island Shipbrokers Pte Ltd. of Singapore, that it has 39 dependent and it is specialized in the chartering, sale and acquisition of tankers.
"The wide experience of Island Shipbrokers in the chartering, sale and purchase of tanker - the managing director of ICAP Shipping has explained, Henry Liddell - will complete our current activities to London and Shanghai and will strengthen the increase of ICAP Shipping in the Asian region. Being are in activity with Island Shipbrokers until from its constitution - it has added - the synergy and the relationships of job between the two companies are already excellent and we do not see the hour to integrate them in group ICAP Shipping".
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