Shipbroker Howe Robinson Partners has bought out American shipbroking house BBT Tradeships based in New Jersey.
This new entity will trade as Howe Robinson Partners NY, LLC and sees Howe Robinson expand its dry cargo presence into the US market.
Guy Hindley, managing partner of Howe Robinson’s dry cargo business, said: “We have long wanted to secure a foothold for dry cargo in the USA and in BBT we believe we have found the ideal partner.”
Chairman of Howe Robinson Partners, David Anderson, said: “This move into New York follows an expansion of our existing tanker business in Houston. The North American market offers great potential in all areas of our business and we hope to attract further high quality staff to join our dynamic global broking platform.”