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Braemar Marine merger into Braemar Falconer

November 2 - Braemar Shipping Services plc announced yesterday the merger of subsidiary Braemar Marine into the existing survey and risk control operations of Braemar Falconer.

Braemar Marine was established in 2009 to provide marine surveying and adjusting services to the global maritime, transportation risk and insurance markets. Operations quickly expanded from its Atlanta base, through the maritime centres of London and Singapore, where a close relationship with Braemar Falconer has proved to be of benefit to both companies.

Quentin Soanes, executive director of BSS plc, said: "Over recent months, it has become increasingly apparent that bringing these two subsidiaries together will present significant opportunities to enhance the services of Braemar Marine in the Far East and assist Braemar Falconer with its development in Europe and the US, allowing the combined operations to offer their services on a global basis."

Michael Chan, managing director of Braemar Falconer, said: "The resources of each company are complimentary; bringing Braemar Marine within Braemar Falconer will enhance the quality of service to Braemar Marine clients in Asia, while also extending Braemar Falconer's capability in Europe and North America."

Heavy Lift | News

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