Chief Executive James Kidwell explains the improvements have seen the company’s shipbroking division’s performance enhanced in the first quarter compared to the same period a year ago.

At the company’s AGM, Kidwell is set to reveal an improvement in the shipping markets has led to growth in the total forward orderbook.

“In particular the offshore and sale & purchase departments have performed well, as expected,” Kidwell will say at the meeting, according to an interim management statement released this morning.