In December 2022, Braemar Plc, a leading international shipbroker, acquired Southport Maritime Inc., a prominent U.S.-based tanker brokerage firm. This strategic move expanded Braemar’s presence in the Americas, particularly in the crude and refined products markets across North America, Latin America, and the Caribbean. The acquisition added 18 experienced professionals to Braemar’s team, aligning with the company’s growth agenda initiated in November 2021.
Braemar's Strategic Acquisition of Southport Maritime
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