Oslo-based broker Pareto Dry Cargo is looking to expand its activities.

Managing director Morten Lie tells TradeWinds that further recruitment can be expected. Currently, the shop consists of himself and co-founder Knut-Inge Groset along with new recruits Ole Henrik Laahne and Mads Hopland, who joined last year.

There has been speculation that the broker might be wound up but Lie says this is incorrect.

"We