Braemar Seascope Ltd

Entity type image
Type: Company
Name: Braemar Seascope Ltd
First reported May 14 2013 - Updated May 15 2013 - 2 reports

Diversification helps Braemar in a tough market

Braemar Shipping Services announced a 5% drop in profit year on year to £9.3m ($14.2m) despite revenues rising 7.7% to £143.8m in its results for the year ending 28 February 2013.The revenue increase was driven by its technical services division, while ... [Published Seatrade Global - May 15 2013]
First reported May 14 2013 - Updated May 14 2013 - 1 reports

Container fleets transport 90% of world trade in manufactured goods-

The owners of the world's containerships are the people responsible for making globalization a reality. Their fleets transport 90% of world trade in manufactured goods. Yet, all but seven of the biggest 30 shippers lost money in 2012, according to shipping ... [Published Balkans.com - May 14 2013]
First reported May 13 2013 - Updated May 13 2013 - 1 reports

Overcapacity, Fuel Costs Hit Shipping Industry

The owners of the world's containerships are the people responsible for making globalization a reality. Their fleets transport 90% of world trade in manufactured goods. Yet, all but seven of the biggest 30 shippers lost money in 2012, according to shipping ... [Published Hellenic Shipping News Worldwide - May 13 2013]
First reported May 11 2013 - Updated May 11 2013 - 1 reports

Drumbeat: May 11, 2013

Icy Arctic rising as economic, security hot spot WASHINGTON (AP) — The icy Arctic is emerging as a global economic hot spot — and one that is becoming a security concern for the U.S. as world powers jockey to tap its vast energy resources and stake ... [Published The Oil Drum - Discussions about Energy and Our ... - May 11 2013]
First reported May 10 2013 - Updated May 10 2013 - 1 reports

UASC Plans to Order Five Triple-E Container Ships

LONDON--Cash-rich United Arab Shipping Co. is considering buying five of the world's largest container ships for around $700 million, people with direct knowledge of the deal said Friday, in a move that underlines its ambition to become a significant ... [Published 4 Traders - May 10 2013]
First reported May 10 2013 - Updated May 10 2013 - 1 reports

Middle East-U.S. Tanker Rates Seen Higher as Ships Head to Asia

Charter rates for the largest oil tankers hauling Middle East crude to the U.S. climbed after stronger demand drew vessels to Asia, according to shipbroker Braemar Seascope Ltd.Earnings to carry cargoes to China topped those for crude bound for the U.S., ... [Published Bloomberg - May 10 2013]
First reported May 03 2013 - Updated May 03 2013 - 1 reports

Overcapacity, Fuel Costs Hit Shipping Industry

COPENHAGEN--The owners of the world's containerships are the people responsible for making globalization a reality. Their fleets transport 90% of world trade in manufactured goods.Yet, all but seven of the biggest 30 shippers lost money in 2012, according ... [Published 4 Traders - May 03 2013]
First reported Apr 29 2013 - Updated Apr 29 2013 - 1 reports

Post-panamax boxship orders are still in fashion

Contributors: Jim Wilson Box-ship owners and operators are still placing orders for new post-panamax vessels according to shipbroker Braemar Seascope. Some 30 vessels totalling 270,000 teu of capacity were added to the orderbook during the first three ... [Published Lloyd's List Daily Commercial News - Apr 29 2013]
First reported Apr 29 2013 - Updated Apr 29 2013 - 2 reports

Braemar Seascope Opens New Tanker Chartering Office in Oslo (Norway)

Posted on Apr 29th, 2013 with tags Braemar, Chartering, europe, New, News by topic, Norway, office, opens, Oslo, Seascope.Braemar Seascope announced that it is further strengthening its shipbroking division by opening a new tanker chartering office in ... [Published World Maritime News - Apr 29 2013]
First reported Apr 22 2013 - Updated Apr 22 2013 - 1 reports

Intertanko Oslo 2013 High-Level Seminar – Strategies for Survival

Times are tough for tanker shipping, with freight returns often failing to cover basic daily operating costs. If the aim is to keep oil flowing safely and efficiently, how can tanker shipping, a key element of the global energy supply chain, go about ... [Published Hellenic Shipping News Worldwide - Apr 22 2013]
First reported Apr 16 2013 - Updated Apr 16 2013 - 2 reports

BRAEMAR OPENS NEW CRUDE AND PRODUCTS SHIP BROKING

"OPERATION IN HOUSTON"Braemar Seascope is delighted to announce that it is strengthening its ship broking activities by opening a new division within the group’s Houston offices focusing on the large crude and products tanker trades.The new operation ... [Published Oxford Prospect - Apr 16 2013]
First reported Feb 23 2013 - Updated Feb 23 2013 - 1 reports

Tanker Rates Finish Biggest Week of 2013

Alexander the Great. Image: Capital Ship Management By Rob Sheridan (Bloomberg) — Hire costs for the largest oil tankers on the industry’s busiest trade route had this year’s biggest weekly gain as more cargoes entered the market. Charter rates ... [Published MaritimeSecurity.Asia - Feb 23 2013]

Quotes

"In the EasternEastern hemisphere volumes are low and new business scarce. With a long list of open tonnage many owners still look for ECSA runs" the broker said
...9% decrease in revenue despite increased activity, achieving a higher number of transactions than in the previous year. "The value of each transaction is down significantly due to lower ship values, lower freight rates and a smaller proportion of revenue coming from the forward orderbook" Kidwell said
"We have reported a robust group performance, in extremely challenging shipping markets, thanks to our progressive diversification into a broad range of maritime services. The momentum in Braemar Technical Services and the Logistics divisions will help in the year ahead and our Shipbroking business is well placed to benefit from a recovery in shipping markets in the medium term. "This year's performance shows that the strategy to develop a more broadly-based business has reduced volatility of the Group's results and the exposure to the shipping cycle. There is potential to develop all our existing divisions through organic growth, business improvement and further acquisitions where the quality of earnings can be maintained." For further information, contact:"
"Container shipping made globalization a reality, but we have reaped very limited benefits as an industry" said Jakob Stausholm, chief strategist at Maersk Line, the Danish conglomerate's shipping arm...

More Content

All (18) | News (15) | Reports (1) | Blogs (2) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Diana Containerships' CEO Discusses Q1 2013 Res... [Published Seeking Alpha - May 21 2013]
Panamax coal freight rates to India pressured b... [Published Platts - May 17 2013]
Diversification helps Braemar in a tough market [Published Seatrade Global - May 15 2013]
Braemar Shipping : Final Results [Published Investegate - May 14 2013]
Container fleets transport 90% of world trade i... [Published Balkans.com - May 14 2013]
Overcapacity, Fuel Costs Hit Shipping Industry [Published Hellenic Shipping News Worldwide - May 13 2013]
Drumbeat: May 11, 2013 [Published The Oil Drum - Discussions about Energy and Our ... - May 11 2013]
UASC Plans to Order Five Triple-E Container Ships [Published 4 Traders - May 10 2013]
Middle East-U.S. Tanker Rates Seen Higher as Sh... [Published Bloomberg - May 10 2013]
Overcapacity, Fuel Costs Hit Shipping Industry [Published 4 Traders - May 03 2013]
Post-panamax boxship orders are still in fashion [Published Lloyd's List Daily Commercial News - Apr 29 2013]
Braemar Seascope Opens New Tanker Chartering Of... [Published World Maritime News - Apr 29 2013]
Bramear Seascope Opens Oslo Office [Published Marine Link - Apr 29 2013]
Panamax coal freight rates lose steam as fixtur... [Published Hellenic Shipping News Worldwide - Apr 27 2013]
Intertanko Oslo 2013 High-Level Seminar – Strat... [Published Hellenic Shipping News Worldwide - Apr 22 2013]
BRAEMAR OPENS NEW CRUDE AND PRODUCTS SHIP BROKING [Published Oxford Prospect - Apr 16 2013]
Braemar opens new crude and products ship broki... [Published Individual.com - Apr 16 2013]
Tanker Rates Finish Biggest Week of 2013 [Published MaritimeSecurity.Asia - Feb 23 2013]
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sort by: Date | Relevance
Drumbeat: May 11, 2013 [Published The Oil Drum - Discussions about Energy and Our ... - May 11 2013]
Icy Arctic rising as economic, security hot spot WASHINGTON (AP) — The icy Arctic is emerging as a global economic hot spot — and one that is becoming a security concern for the U.S. as world powers jockey to tap its vast energy resources and stake ...
Tanker Rates Finish Biggest Week of 2013 [Published MaritimeSecurity.Asia - Feb 23 2013]
Alexander the Great. Image: Capital Ship Management By Rob Sheridan (Bloomberg) — Hire costs for the largest oil tankers on the industry’s busiest trade route had this year’s biggest weekly gain as more cargoes entered the market. Charter rates ...
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