Previously, Spaulding served as vice president and managing partner of Quincannon Associates, a rival headquartered in New York.

One industry observer tells TradeWinds that he was “stunned” to learn about the industry veteran’s abrupt departure since he was with the company for nearly 30 years.

“This is most assuredly a blow to Quincannon,” he added after pointing out that the firm is seen as one of the “most established” chemical tanker brokerages in the US.

Confidants