One of the best known names at UK broker Simpson Spence Young (SSY) has quit after nearly 10 years at the firm. James Palmer, a partner and head of SSY Tankers, is leaving “to pursue other interests”, the brokerage said in a release on Tuesday.
Palmer had been at Galbraith’s for 14 years prior to joning SSY in April 2008.
Rupert Lawson has been appointed SSY’s new head of tankers based in London.
Lawson, 45, has been a partner since 2006 having joined SSY in 1994. He spent 13 years based in SSY’s Singapore office most recently as managing director running the tanker department with a specific focus on VLCCs.
Mark Richardson, chairman of SSY, said: “Rupert brings a wealth of knowledge, energy and experience to the team and we are looking forward to him leading our tanker department to continued success.”